commercial reform

language: de

definitions

  1. The process of modifying laws, regulations, or institutional frameworks governing trade and business to improve market efficiency, transparency, or fairness.
    de: Handelsreform
  2. The restructuring or modernization of business processes, organizational structures, or operational models within a commercial entity to increase competitiveness or efficiency.
    de: Betriebliche Reform

examples

  1. The government introduced commercial reform to encourage foreign investment.

    Die Regierung führte Handelsreformen ein, um ausländische Investitionen zu fördern.

  2. The company underwent commercial reform to streamline its supply chain.

    Das Unternehmen unterzog sich einer betrieblichen Reform, um seine Lieferkette zu optimieren.