How do KPIs differ across various industries?
KPIs can vary significantly by industry. For example, in retail, sales per square foot is crucial, while in manufacturing, production efficiency is key.
What are some common KPIs in the tech industry?
In the tech industry, common KPIs include user acquisition cost, monthly active users, and customer lifetime value.
How often should KPIs be adjusted?
KPIs should be reviewed and adjusted regularly, typically quarterly, to ensure they align with business goals and market conditions.
Can you give examples of KPIs for the healthcare sector?
Sure! In healthcare, KPIs often include patient satisfaction scores, readmission rates, and average treatment costs.
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