Last updated on May 16, 2024

How can you effectively use external factors in your KPIs and metrics?

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KPIs and metrics are essential tools for measuring and improving the performance of your business. However, focusing only on internal factors, such as sales, costs, or profits, can limit your perspective and miss the bigger picture. External factors, such as market trends, customer behavior, or competitor actions, can also influence your results and help you adjust your strategy accordingly. In this article, you will learn how to effectively use external factors in your KPIs and metrics, and what benefits they can bring to your corporate finance decisions.

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