What does “quantifiable metrics” refer to in evaluating performance? 🔊
Quantifiable metrics refer to measurable standards used in evaluating performance, such as key performance indicators (KPIs). These metrics provide objective data that helps organizations assess progress toward goals and identify areas needing improvement. For example, sales figures, customer satisfaction scores, and productivity levels allow managers to make data-driven decisions. By tracking quantifiable metrics, businesses can establish benchmarks and implement strategies to enhance overall performance and efficiency.
Equestions.com Team – Verified by subject-matter experts