Metrics

ˈme.triks / Metrics

Definition

Metrics are quantitative measurements that assess and track performance.They are different data points that various methods generate.Typically, a company reviews them regularly to track and assess performance, which it uses to formulate data-based content and business strategies.When deciding which metrics to assess, an organization would have to evaluate its goals first before determining the best measurement to track the necessary activities.Both metrics and a key performance indicator are valuable measurements in a company. However, the former tracks all areas of a business, while the latter only focuses on its critical areas.

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