How can you use key performance indicators to evaluate your agribusiness risk management plan?
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Risk management is a crucial aspect of running a successful agribusiness, especially in uncertain and volatile markets. However, how do you know if your risk management plan is effective and aligned with your goals? One way to answer this question is to use key performance indicators (KPIs) to evaluate your plan and track your progress. KPIs are measurable values that reflect how well you are achieving your objectives and managing your risks. In this article, you will learn how to use KPIs to evaluate your agribusiness risk management plan and improve your decision making.