commercial reform

language: id

definitions

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

examples

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

    Pemerintah memperkenalkan reformasi komersial untuk mendorong investasi asing.

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

    Perusahaan melakukan reformasi operasional untuk merampingkan rantai pasokannya.