A standard means of informing Air Traffic Control of an emergency situation is to enter the code 7700 into the radar transponder. However, in a situation where the radios are busy and the crew is fully engaged in dealing with the emergency, manually entering digits in a control head, (especially in turbulent conditions) seems fraught with the potential to make a mistake, or distract from other important tasks.
The aircraft I flew in the Navy had a rotary switch with an "EMER" position that would immediately broadcast a 7700 code when selected. Do large modern airliners or business jets have a similar feature for convenience?