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Performance Measurement & KPIs Flashcards

7 cards from real MO practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 7 Performance Measurement & KPIs flashcards as text
  1. A marketing officer wants to measure brand awareness. Which of the following is the most direct KPI for this goal?

    Answer: Unaided brand recall

    Unaided brand recall measures whether consumers can remember a brand without prompting, directly reflecting awareness levels.

  2. What does a high 'Marketing Efficiency Ratio (MER)' indicate about a marketing program?

    Answer: Marketing spend generates strong revenue relative to cost

    MER (total revenue / total marketing spend) measures overall marketing efficiency; a high ratio means more revenue is generated per dollar spent.

  3. A company uses a balanced scorecard for marketing. Which perspective specifically covers internal process KPIs?

    Answer: Internal business processes perspective

    The internal business processes perspective of the balanced scorecard evaluates operational efficiency and process quality.

  4. A marketing team's campaign has a 2% conversion rate. If they improve it to 3%, by what percentage did the conversion rate increase?

    Answer: 50%

    Percentage increase = (3% - 2%) / 2% × 100 = 50%, not a 1-percentage-point raw difference.

  5. When benchmarking KPIs, a marketing officer compares performance against competitors. This is called:

    Answer: Competitive benchmarking

    Competitive benchmarking measures performance relative to direct competitors to identify gaps and best practices.

  6. A social media campaign achieves 500,000 impressions but only 1,000 link clicks. What is the click-through rate (CTR)?

    Answer: 0.2%

    CTR = (clicks / impressions) × 100 = (1,000 / 500,000) × 100 = 0.2%.

  7. Which of the following best describes a 'vanity metric' in marketing?

    Answer: A metric that looks impressive but doesn't drive decisions

    Vanity metrics (e.g., raw follower counts) appear impressive but lack actionable connection to business outcomes or strategy.