KPI Test

What does KPI stand for?
Key Performance Indicator
Key Performance Index
Key Productivity Indicator
Key Profitability Indicator
Which of the following KPIs DOES NOT have a formula?
Average Basket Value
Unit Per Transaction
Sales
Commissioned Labor Hours
Revenue Per Hour
Productivity
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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