key success factors

Definition

The combination of important facts that is required in order to accomplish one or more desirable business goals. For example, one of the key success factors in promoting animal food products might be to advertise them in a way that appeals to those consumers who love animals.

Use key success factors in a sentence

  • You should figure out what your key success factors are and do your best to make sure they go in your favor.

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  • The Key success factors in ABC Company's Widget sales were high Quality, low cost merchandise and their online sales campaign.

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  • There are several key success factors in a good business, such as proper marketing, good investments, employee skills, and other things that will contribute.

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