Description: Net Change refers to the difference between the final and initial values of a variable over a given period. This concept is fundamental in the field of business intelligence, as it allows organizations to assess the performance and evolution of various metrics over time. For example, in sales analysis, net change can indicate whether sales have increased or decreased compared to a previous period, providing a clear view of the company’s growth or decline. This indicator is crucial for strategic decision-making, as it helps identify trends, evaluate the impact of specific initiatives, and adjust business strategies accordingly. Additionally, net change can be applied to various areas, such as inventory management, cost evaluation, and customer satisfaction measurement, making it a versatile tool in data analysis. In summary, net change is a key indicator that enables organizations to understand their performance and make informed adjustments to enhance their competitiveness in the market.
