Life and/or disability insurance. Loss of profit, goodwill, or increased expenses are mitigated with coverage of one or more key employees. Search and training a successor for a key person may also be covered. Also known as key employee insurance.
In old Scotch law. Certain officers of courts. See CLAVES CU- ki.E.
Customer service and satisfaction, competitive advantage, and strategic success are essential business workflows In management’s view.
Gross margin equaling cost price or half the sale price. Said another way, any item selling at twice the wholesale cost, purchased or produced, has a keystone markup.
Keyboard or keypad driven computerized data entry. Prior to PCs, to issue commands or store data in the era of mini or mainframe computers, key punching was actual punching of holes in punch cards or paper tape.
Business analysts evaluate a firm’s financial position and income using these financial performance measures. They are reliably indicate management competence, specifically when compared to previous periods or against a competitor’s ratios. Net income to average assets, also known as return on assets or ROA, net income to equity, also known as return on equity or ROE), net income to total investment, also known as return on investment or ROI, and net income to outstanding shares, also known as earnings per share or EPS are main examples of key ratios.
Security scheme requiring unifying parts so that a decryption key can be used. Separated parts occur by dividing a code number or decryption algorithm into two or more parts so that no single part in itself can be used.
Typically employed in managerial or supervisory level employee training. Determining the level of performance required, time taken, quality of outcome, and total job or project quality by the study of a set of operation(s). Also called key results analysis,
Alternative to a private branch exchange (PBX) phone system, smaller, cheaper, but less flexible. Allows a caller to directly select outgoing lines, incoming calls, or use intercom and conference facilities via several buttons. A user does not have to dial ‘9’ to access an outgoing line as with PBX, but does not have automatic routing of incoming calls. A KTS is user-installable, handling multiple lines with no surcharge to the telephone company. However, a hunt-group service is not available.
Telex machine wire fund transfer messages authenticated using code (key) numbers. Contrast to modern digital data transfer. .