KPI Test

What does KPI stand for?

Key Performance Indicator

Key Performance Index

Key Productivity Indicator

Key Profitability Indicator

What is the formula for Average Basket Value (ABV)?

Transactions / Sales

Total Revenue / Total Transactions

Total Sales / Visitors

What does UPT stand for in retail stores?

Units Per Transaction

Unit Price Per Transaction

Unit Productivity Per Transaction

Unit Profitability Per Transaction

Which KPI measures the revenue generated per labor hour worked?

Revenue Per Hour

Sales Per Hour

Profit Per Hour

Productivity Per Hour

What is the formula for Productivity in retail stores?

Sales / Labor Hours

Profit / Labor Hours

Units Sold / Labor Hours

What does VPU stand for in retail stores?

Visitors Per Unit

Visitors Pet Unit

Value Per Unit

Volume Per Unit

How do you calculate Average Price in retail stores?

Total Sales / Total Units Sold

Sales / Visitors

Transactions / Visitors

What does Conversion Rate measure in retail stores?

Percentage of visitors who make a purchase

Percentage of sales converted to profit

Percentage of units sold per transaction

Percentage of labor hours spent on sales activities

What does Retention Rate indicate in retail stores?

Percentage of customers retained over a specific period

Percentage of sales retained as profit

Percentage of units retained in inventory

Percentage of labor hours retained for sales activities

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