CFSs and KPIs Are the Two Core Metrics Used Within

question 219

Multiple Choice

CFSs and KPIs are the two core metrics used within a business to track progress or success.What is the relationship between CSFs and KPIs?

• A)CFSs are business strategy elements where KPIs measure the progress of the CFSs.
• B)CFSs build the business environment where KPIs explain how to build the CFSs.
• C)KPIs are used first where CFSs are applied after.
• D)KPIs promote employees on their performance level where CFSs demote employees based on their performance level.

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Definitions:

Price

The overall sacrifice a consumer is willing to make—money, time, energy—to acquire a specific product or service.

Geodemographic Segmentation

The grouping of consumers on the basis of a combination of geographic, demographic, and lifestyle characteristics.

Ethnic Food Aisle

A section within grocery stores dedicated to foods and ingredients associated with various ethnic or cultural cuisines.

Suburban

Pertaining to or characteristic of areas on the outskirts of a city, often residential in nature and less densely populated than urban centers.