Practice Key KPIs - 21.2.2 | Domain-Specific Jargon and KPIs | Business Analysis
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21.2.2 - Key KPIs

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Learning

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What does the conversion rate measure?

💡 Hint: Think about how we track user behavior in online stores.

Question 2

Easy

What is one reason for high Patient Wait Times?

💡 Hint: Consider how operations can impact patient care.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What does the Conversion Rate indicate?

  • The number of products sold
  • The percentage of users who complete a purchase
  • The total number of users visiting a site

💡 Hint: Focus on the desired action completed by the users.

Question 2

True or False: A high Patient Wait Time is always good for business.

  • True
  • False

💡 Hint: Consider the patient perspective regarding service.

Solve 2 more questions and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Discuss how a Business Analyst might use KPIs to propose changes in E-commerce strategy. Include at least two specific KPIs and their impacts.

💡 Hint: Focus on the direct relationship between KPIs and tactical strategies.

Question 2

Analyze a situation where a bank has a rising NPA ratio and propose two corrective actions the management could take.

💡 Hint: Think of both operational adjustments and market strategies to tackle this issue.

Challenge and get performance evaluation