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A performance indicator or key performance indicator (KPI) is a type of performance measurement. [1] KPIs evaluate the success of an organization or of a particular activity (such as projects, programs, products and other initiatives) in which it engages. [ 2 ]
Performance measurement is the process of collecting, analyzing and/or reporting information regarding the performance of an individual, group, organization, system or component. [dubious – discuss] [1] Definitions of performance measurement tend to be predicated upon an assumption about why the performance is being measured. [2]
While Quality of Life (QOL) has long been an explicit or implicit policy goal, adequate definition and measurement have been elusive. Diverse "objective" and "subjective" indicators across a range of disciplines and scales, and recent work on subjective well-being (SWB) surveys and the psychology of happiness have spurred renewed interest. [12]
Business leaders have a productivity problem. When it comes to measuring worker performance, organizations have usually relied on traditional productivity metrics to judge the success of an employee.
The papers called for a secular [clarification needed] and more scientific implementation of a public policy framework and econometric measurement tool also known as Gross National Well-being or GNW and launched the first secular global gross national happiness index survey. Despite, the differences in the visions, both papers credited the King ...
Standard of living is the level of income, comforts and services available to an individual, community or society.A contributing factor to an individual's quality of life, standard of living is generally concerned with objective metrics outside an individual's personal control, such as economic, societal, political, and environmental matters. [1]
The Human Development Index is calculated using the indicators of life expectancy, adult literacy, school enrollment, and logarithmic transformations of per-capita income. [34] Moreover, it is noted that the HDI "is a weighted average of income adjusted for distributions and purchasing power, life expectancy, literacy and health" (p.
Life satisfaction is an evaluation of a person's quality of life. [1] It is assessed in terms of mood, relationship satisfaction, achieved goals, self-concepts, and self-perceived ability to cope with their life. Life satisfaction involves a favorable attitude towards one's life—rather