performance indicator JUST WRITTEN FOR YOU
/pərˈfɔrməns ˈɪndɪkeɪtər/ · per·for·mance·in·di·ca·tor
noun
- A quantifiable measure used to evaluate the success of an organization, employee, or process in achieving its goals and objectives The company used key performance indicators, such as sales revenue and customer satisfaction, to assess the effectiveness of its marketing strategy.
Did you know? The use of performance indicators has become increasingly popular in recent years, with many organizations using data analytics and software tools to track and analyze their performance indicators in real-time. This has led to the development of new fields, such as business intelligence and data science, which focus on using data to drive decision-making and improve performance.