What Does OR Stand For?

OR stands for OPerational Right

Operational Right (OR) refers to the authority and capability of an organization or individual to manage, control, and make decisions regarding operational activities and resources. This concept encompasses the allocation of duties, responsibilities, and permissions essential for efficient and effective operations, ensuring alignment with strategic goals and compliance with regulatory frameworks. Developing and defining OR is crucial for optimizing performance, enhancing accountability, and facilitating successful execution of operational strategies.

Other Meanings for OR