
Metic
A metric is a standard or measurement used to evaluate or quantify something’s performance, progress, or characteristics. It provides a consistent way to assess different aspects of a process, product, or goal, helping organizations make informed decisions. For example, a sales growth rate, customer satisfaction score, or website visitors are all metrics. Metrics can be numerical, percentage-based, or qualitative and are essential for tracking success, identifying areas for improvement, and guiding strategic planning. They are used across various fields to provide clarity and objectivity in measuring outcomes.