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key success factors

the resources and capabilities/competencies/ skills a firm must possess to achieve some competitive ‘success’ and profitability in a market. For example, a pharmaceutical firm such as Glaxo Smith Kline must possess financial resources and skilled research staff to fund and develop expensive and innovative new drugs. However, this is not enough in itself to achieve a COMPETITIVE ADVANTAGE over rival suppliers and deliver above-average profits; that is the firm must achieve greater differential competitive advantage by having superior resources and capabilities (technical, but crucially also managerial expertise) such as to create more value than its competitors. See VALUE CREATED MODEL, VALUE ADDED ANALYSIS, RESOURCE BASED THEORY OF THE FIRM, DISTINCTIVE COMPETENCIES.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
References in periodicals archive ?
[1] reported a group additivity method for the estimation of the critical temperatures [T.sub.c] (also the boiling points and densities) of deep eutectic solvents.
(1) With an increase in temperature, the mechanical parameters (peak stress and elasticity modulus) of marble specimens decrease gradually in this study, with a critical temperature of 600[degrees]C.
As shown in Table 1, pipes with 0.4 and 0.8 mm skin have the same critical temperature ([T.sub.c-S4] = -10[degrees]C) while the thickest skin (1.5 mm) has a lower [T.sub.c-S4] = -11[degrees]C.
It was shown that these key properties are all closely correlated to one single parameter: the critical temperature of the fluid, [T.sub.c].
For the second-order phase transition, we know that near the critical temperature [T.sub.2], there is always a relation [11]
However, it cannot achieve complete opaqueness above the critical temperature, because the concentration of EPE molecules was too low to form enough clusters to achieve visible opaqueness.
As shown in Figure 6(a), the critical temperature of the simply supported cracked beam also gradually decreases as the number of cracks increases.
Since then, CPChem has performed more than 350 S4 critical pressure ([P.sub.c],S4) and S4 critical temperature ([T.sub.c],S4) tests in an effort to characterize and better understand the RCP performance of PE pipe systems.
It was found that when the temperature of the chamber lowers from 153 K, there was a sudden decrease in resistance, this temperature could be the critical temperature of the YBCO thin film, and when temperature reached to 93K the resistance was decreased to zero.This showed the superconducting behavior of the YBCO thin film.

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