What are 'Key Performance Indicators (KPIs)' in OAC?

Key Performance Indicators (KPIs) are measurable values that help organizations gauge their progress toward specific business objectives. They serve as quantifiable metrics, allowing stakeholders to evaluate the success of a particular activity or overall business performance. By aligning KPIs with strategic goals, businesses can track outcomes over time, identify areas for improvement, and make informed decisions based on data.

For example, a company may set a KPI related to sales growth, customer satisfaction, or operational efficiency. By regularly measuring these indicators, the organization can assess whether it is meeting its objectives and adjust strategies accordingly. This focus on measurable outcomes makes KPIs essential tools for informed decision-making and strategic planning in any business environment, especially within the context of Oracle Analytics Cloud (OAC).

The other choices do not accurately describe what KPIs are. Employee performance reviews, while important in a business context, do not represent KPIs. Similarly, creating visual data is a function of business intelligence tools, not an indicator itself. General guidelines for data sampling pertain to data collection methodologies rather than performance measurement.