What Do Managers Use KPIs For

question 63

Multiple Choice

What do managers use KPIs for?

• A) To measure real-time performance
• B) To predict future results
• C) To measure results of past activity
• D) All of the above

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Definitions:

Selling Expenses

Costs that are directly tied to the selling of goods and services, such as advertising, sales staff salaries, and commissions.

Budgeted Receipts

Estimated amounts of money expected to be received during a specified budget period.

Wholesaler

An intermediary in the distribution process that buys products in bulk and resells them to retailers or other businesses.

Industrial Goods

Products used in the production of other goods or services, not intended for direct consumption by consumers.