Written By
Ritik Tiwari
Performance measurement of a business involves evaluating various aspects of its operations to determine how well it is achieving its objectives. Here are several key methods and metrics used to measure business performance:
Tracks the increase in sales over a specific period.
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Measures profitability by comparing net income to revenue (gross, operating, and net profit margins).
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Assesses the efficiency of an investment by comparing the gain to the cost of the investment.
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Customer Retention Rate
The percentage of customers who continue to do business with the company over a given period.
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Turnover Rates
The rate at which employees leave the company, indicating job satisfaction and workplace environment.
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