Search results
Definition and meaning. The word threshold can mean the level at which something is affected by a particular rule or belongs in a particular class, or the level of money earned or income above which individuals or businesses have to pay tax, or must pay a different rate of tax.
In the context of commerce, a threshold in business refers to a critical point or level at which a company is compelled to make significant decisions or changes. This turning point can present itself in various forms, including financial or strategic thresholds.
Aug 8, 2014 · For a KPI to be useful we need to clearly state both the acceptable and unacceptable results, that is, the ‘thresholds’. There are several threshold models; for the purpose of illustration we will start with the most common: Red, Amber, Green (RAG). In the RAG model there are two threshold points:
Jun 26, 2023 · What does threshold mean in business? In business, a threshold is a defining point that triggers a specific action or decision based on a predetermined level or limit.
the level or point at which you start to experience something, or at which something starts to happen: I have a low /high boredom threshold (= I do/don't feel bored easily). He earns £400 a month, well below the threshold for paying tax. SMART Vocabulary: related words and phrases. Idiom. on the threshold of something.
Definition of threshold: Boundary beyond which a radically different state of affairs exists.
Aug 7, 2018 · A KPI needs a threshold to be well managed and to derive value from its objective, time-bound nature. Why targets need to be realistic. The fact is that targets can either be highly motivational or deeply un-motivational. Imagine a team that views its KPIs as being achievable through hard, smart work and collective effort.
the level at which something starts to happen or have an effect He has a low boredom threshold (= he gets bored easily). I have a high pain threshold (= I can suffer a lot of pain before I start to react).
May 6, 2015 · The threshold defines what level of performance warrants any payout at all while the maximum defines what level of performance is exceptional. Neither level is easy to set by using a formula, yet they are arguably even more important than the target. This raises the question: What is the best way to set those numbers?
A threshold is an amount, level, or limit on a scale. When the threshold is reached, something else happens or changes. She has a low threshold of boredom and needs the constant stimulation of physical activity. [ + of] The consensus has clearly shifted in favour of raising the nuclear threshold.
