Last Updated: Jul 03, 2026
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1. Which of the statements represents an objective?
A) All the answers
B) Reach $1M in revenues by 2013
C) Improve business profitability
D) Achieve 50% growth in profits
2. Which of the following is a data collection tool?
A) Data gathering template
B) Scorecard
C) Dashboard
D) Reminder email
3. Which of the following words is not a KPI lifecycle phase?
A) Documentation
B) Activation
C) Notification
D) Selection
4. Which KPI should be used to balance "Innovation ideas expressed by staff (#)"?
A) Innovation ideas per staff member (#)
B) Innovation ideas expressed by customers (#)
C) Implement 2 new innovation ideas by the end of the quarter
D) Innovation ideas implemented (%)
5. For "Budget variance (%)", the trend is good when:
A) Decreasing
B) Increasing
C) Within range
D) This is not a KPI
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: C |
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