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CIPS Exam L3M2 Topic 2 Question 25 Discussion

Actual exam question for CIPS's L3M2 exam
Question #: 25
Topic #: 2
[All L3M2 Questions]

The abbreviation 'KPI' stands for:

Show Suggested Answer Hide Answer
Suggested Answer: D

Key performance indicator, designed to monitor a small number of critically-important aspects of supplier performance, indicated within a contract or a service level agreement as part of a contract.


by Noah at Oct 25, 2024, 12:06 AM

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Kimbery
4 months ago
Key personnel insurance - Wait, what? That's not even one of the options. Did someone accidentally spill their coffee on the exam paper?
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Lauran
4 months ago
D) Key performance indicator - Yep, that's the one. Gotta keep an eye on those key metrics, am I right?
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Kenia
3 months ago
C) Key performance improvement - Actually, it's 'Key performance indicator'. It's all about measuring performance.
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Tony
3 months ago
D) Key performance indicator - Absolutely, monitoring key metrics is essential for progress.
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Roselle
4 months ago
A) Key performance indicator - Definitely, KPIs are crucial for tracking success.
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Clay
5 months ago
A) Key performance inducement - Really? That sounds like something from a sci-fi movie, not a real business term.
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Nidia
4 months ago
A) Key performance inducement - That does sound like something out of a movie, but the real term is 'Key performance indicator'.
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Dominga
4 months ago
D) Key performance indicator - Yes, that's the correct answer! It's a way to measure how well a company is achieving its goals.
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Mitsue
4 months ago
C) Key performance improvement - Close, but not quite. Think about what 'performance' means in a business context.
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Paz
4 months ago
B) Key procurement indicator - No, that's not correct. It's actually an acronym used in business.
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Quentin
5 months ago
D) Key performance indicator - This one's a no-brainer, it's the most common use of the 'KPI' abbreviation.
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Theresia
4 months ago
B) Key procurement indicator
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Shannan
4 months ago
I agree, 'KPI' stands for Key performance indicator.
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Lazaro
4 months ago
A) Key performance indicator
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Freeman
5 months ago
I agree with Abraham, KPI stands for Key performance indicator.
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Abraham
5 months ago
I think the answer is D) Key performance indicator.
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