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OR in Business Word Meaning

The OR meaning in Business Word terms is "Operations Research". There are 2 related meanings of the OR Business Word abbreviation.

OR on Business Word Full Forms

  1. Operations Research An organized and systematic analysis of complex situations, such as arise in the activities of risk-taking organizations of people and resources. The analysis makes use of certain specific disciplinary methods, such as probability, statistics, mathematical programming, and queuing theory. The purpose of operations research is to provide a more complete and explicit understanding of complex situations, thus leading to an optimum performance of individuals, utilizing the resources available.
  2. Operating revenue

Frequently Asked Questions (FAQ)

  1. What does OR stand for Business Word?

    OR stands for Operations Research in Business Word terms.

  2. What is the shortened form of Operating revenue in Business Word?

    The short form of "Operating revenue" is OR for Business Word.

Citation

OR in Business Word. Acronym24.com. (2022, January 23). Retrieved November 26, 2024 from https://acronym24.com/or-meaning-in-business-word/

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