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accounting & finance
unit 4
KPI
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Cards (2)
define KPI
Financial
/
non financial
quantifiable
measure
that
assist
firm to evalue
how successful
they have been in
achieving their goals
why are KPI useful with DM?
track
actual results
against target KPI
to
identify positive trends
highlight
where
the firm is
performing better/worse
than
target KPI
indicates
if
action needs
to be
taken