Definition, Meaning & Synonyms
kp
abbreviation
kay pee
Definition
KP is an abbreviation commonly used to refer to key performance indicators in business contexts, representing measurable values that demonstrate how effectively a company is achieving key business objectives.
Examples
- The KP for our sales team this quarter was to increase revenue by 20%.
- Understanding KP is essential for assessing our marketing strategies.
- She presented the KP metrics at the quarterly business review.
Meaning
In a broader sense, ‘kp’ can also refer to various contexts, including military and technical jargon, but it is most often associated with performance measurement.
Synonyms
- KPI
- Performance Indicator
- Success Measure