Final answer:
The sum of the individual KPIs within a company should support the objective of the company.
Step-by-step explanation:
The statement is true: the sum of the individual Key Performance Indicators (KPIs) within a company should support the objective of the company. KPIs are measurable metrics that reflect the performance of various aspects of a company's operations.
They are used to track progress towards achieving specific objectives or goals. For example, if a company's objective is to increase revenue, some of the KPIs that may be considered are total sales, average order value, or customer acquisition rate.
By aligning the individual KPIs with the company's objective, it ensures that all efforts and resources are directed towards the overall goal. This helps to create a cohesive and focused approach to achieving success. On the other hand, if the individual KPIs do not support the company's objective, there may be disconnect and misalignment within the organization.
Overall, aligning the individual KPIs with the company's objective is crucial for effective performance management and strategic decision-making.