What is the meaning of KPI indicators in operation and management, what is the meaning of GOP,

Key performance indicators specify the results that each work content should produce or the standards that should be achieved to quantify the best. There are three most common key performance indicators: first, efficiency indicators, such as asset profitability efficiency, profitability level, etc.; second, operational indicators, such as department management expense control, market share, etc.; third, organizational indicators, such as satisfaction level. , service efficiency, etc. GOP is: GDP is the abbreviation of English (gross domestic product), which is gross domestic product. It is a measure of the total amount of final products produced by all resident units of a country (region) economy during the accounting period. It is often regarded as an important indicator of the economic status of a country (region).

The new added value in the production process includes the value newly created by workers and the wear and tear value of fixed assets, but does not include the value of intermediate inputs in the production process; in terms of physical composition, it is the value produced in the current period. Final products include products used for consumption, accumulation and net export, but do not include various intermediate products consumed by other sectors.

There are three methods for calculating GDP:

Production method:

GDP = ∑ Total output of each industrial sector – ∑ Intermediate consumption of each industrial sector < /p>

Income method:

GDP = ∑ Labor remuneration of each industrial sector + ∑ Depreciation of fixed assets of each industrial sector + ∑ Net production tax of each industrial sector + ∑ Operating profit of each industrial sector < /p>

Expenditure method:

GDP = total consumption + total investment + net exports

GOP refers to gross operating profit.