Define Business
Business refers to the organized effort of individuals or entities to produce, sell, or provide goods or services in exchange for money or other goods and services. It encompasses a wide range of activities aimed at fulfilling the needs and wants of consumers while generating profit or value.
Business Process Re-engineering (BPR)
Business Process Re-engineering (BPR) is a strategic approach to improving an organization's processes by fundamentally rethinking and redesigning them to achieve dramatic improvements in performance, such as cost reduction, quality enhancement, and faster delivery times.