A B C D E F G H I J K L M N O P Q R S T U V W Y Z

Keiretsu

The horizontally and vertically linked industrial structure of Japan´s private economy. Horizontally linked groups include a broad range of industries linked by banks and trading companies. Vertically linked groups are centered around parent companies, with subsidiaries frequently serving as suppliers,…

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Key currency

A major currency in the global economy. Small countries, which are highly dependent on exports orientate their exchange rate to major currencies in the global economy, the so-called key currencies. Key currencies include the Euro, the US dollar, the British…

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KISS

An acronym for keep it simple and straight. A project management tool used to set project objectives and evaluate if those objectives fit the project. The KISS principle states that most systems work best if they are kept simple rather…

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Knot

A measure of ship´s speed. On knot is equal to one international nautical mile (1.852 meters) per hour.

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