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What is the full form of "BPR"?

A. Business Process Resource

B. Business Process Re-engineering

C. Bill Payment Rate

D. Benefit Principle Ratio

Answer: Option B

Solution(By Examveda Team)

Business process re-engineering (BPR) is a business management strategy, originally pioneered in the early 1990s, focusing on the analysis and design of workflows and business processes within an organization. BPR aimed to help organizations fundamentally rethink how they do their work in order to improve customer service, cut operational costs, and become world-class competitors.

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