There is an old adage that says "If you can't measure it,you can't manage it".Managers who want to measure and track their organization's performance will frequently use __________ to evaluate their company's progress toward goals.
A)Statistics
B)Dashboards
C)Key performance indicators
D)Budget indices

Question

Quizplus · Accepted Answer

Key performance indicators (KPIs) are metrics used to evaluate the success of an organization in achieving its goals. They provide measurable data that can be used to track progress and determine whether a company is on track to meet its objectives. Dashboards and statistics can be used to display and analyze KPIs, but KPIs themselves are the most essential tool for measuring and managing performance. Budget indices may be helpful for financial evaluation, but do not provide a comprehensive picture of overall organizational performance.

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