What does MAR mean in GENERAL
MAR stands for Modernization and Associated Restructuring. It is a term that refers to the process of introducing new technologies, processes, and structures within an organization in order to make the organization more efficient and effective.
MAR meaning in General in Business
MAR mostly used in an acronym General in Category Business that means Modernization and Associated Restructuring
Shorthand: MAR,
Full Form: Modernization and Associated Restructuring
For more information of "Modernization and Associated Restructuring", see the section below.
Essential Questions and Answers on Modernization and Associated Restructuring in "BUSINESS»GENERALBUS"
What does MAR stand for?
MAR stands for Modernization and Associated Restructuring.
What is the purpose of implementing MAR?
The purpose of implementing MAR is to introduce new technologies, processes, and structures within an organization in order to make it more efficient and effective.
What type of transformation does MAR involve?
MAR involves both technological transformation as well as organizational management transformation. For example, technolgies such as cloud computing or automation may be implemented while simultaneously changes are made in the organizational structure such as job role redefinitions or department restructuring.
How long does it take for a company to implement MAR?
The amount of time it takes to implement MAR depends on factors such as how much change needs to occur, how many employees will be affected by the changes, and how quickly upper management wants them implemented. It can generally range from a few months up to a year or longer.
Final Words:
All in all, MAR stands for Modernization and Associated Restructuring; its purpose is to introduce new technologies, processes, and structures within an organization in order to make it more efficient and effective. This involves both technological transformation as well as organizational management transformation depending on what needs to be changed within that particular organization or business. Timeframes necessary also varies based on company size and goals set forth by upper management.
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