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Key cost

A term used to describe the principal costs incurred by a company or industry.


Key performance indicators (KPI)

Key performance indicators are quantifiable, specific measures of an organizations performance in a certain area(s) of its business. . The purpose of KPIs is to provide the company with quantifiable measurements of items it has determined to be important to the organizational or business long-term goals and critical success factors. Once uncovered and properly analyzed, KPIs can be used to understand and improve organizational performance and overall success. Also referred to as key success indicators.


Knockout option

An option that becomes valueless when a principal commodity or currency crosses a specific price level.


Knowledge assets

The parts of an organizations intangible assets relating specifically to knowledge, expertise, information, ideas, best practices, intellectual property and other capabilities.


Knowledge integration

Broadly defined as the assimilation, extraction, transformation and loading of information from disparate systems into a single, more unified, consistent and accurate data store used for evaluating, manipulating and reporting information.


Knowledge management (KM)

The process of creating, acquiring, sharing and managing knowledge to augment individual and organizational performance.


Knowledge mapping

A process used to create a summation of the knowledge an organization will need in order to support its overall goals, objectives, strategies and missions.

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