Key Performance Indicator (KPI) is industry standard for a type of performance measurement. KPIs are commonly used by an organization to evaluate its success or the success of a particular activity in which it is engaged.

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Definition of "KPI" by Chat GPT: KPI stands for Key Performance Indicator. It is a measurable value that indicates how well an organization is achieving its important business objectives. KPIs are used to evaluate the success of a company or of a particular activity within a company in relation to its strategic objectives. They can be used to track progress towards goals, identify areas of improvement, and make data-driven decisions.
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