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| Section | Objectives |
|---|---|
| KPI Selection and Design | - KPI Selection Process
|
| KPI Management System | - Performance Management Integration
|
| KPI Implementation | - Data Collection
|
| KPI Fundamentals | - Understanding KPIs
|
1. The relevant sources to be analyzed in order to set targets are:
A) External benchmarking
B) All the answers
C) Historical data
D) Market analysis
2. Which KPI should be used to balance "New customers (#)"?
A) Profitable customers (%)
B) Customer complaints due to poor service or product quality (%)
C) Time to process orders (# / time)
D) Increase market share to 20% by the end of the year
3. How often should KPIs be modified?
A) Once a year
B) As often as required by strategy / operational changes
C) Once a quarter
D) Once a month
4. Which KPI is suitable for measuring the following objective: "Improve staff competencies"?
A) Training budget ($)
B) Training hours (#)
C) Staff competencies targeted through training (#)
D) Staff competencies meeting desired levels (%)
5. Which of the following statements is a qualitative KPI?
A) There is no such thing as a qualitative KPI
B) Error rate (%)
C) Service quality rating (# / score)
D) Customer satisfaction (%)
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: D | Question # 5 Answer: A |
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