Rationalization/Restructuring/Business Process Re-engineering (BPR)
Rationalization/Restructuring/Business Process Re-engineering (BPR) :
The process of fundamentally reorganizing the organization, for the purpose of cutting costs and increasing-productivity and profitability. It often involves some hidden intention of "increasing management control over unions" and the "strengthening of capital". Normally associated with the process are such issues as new technology, relocation, downsizing/rightsizing, redundancy, setting up of a holding company, and the introduction of alternative work arrangements
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