In a recent board meeting, the ceo stated: As you all know, the competitive landscape is constantly changing and we must be proactive in our efforts to stat ahead of the curve. One of the ways we can do this is by streamlining our business processes through reengineering. However its important to note that there are also some potential drawbacks to consider. The process of reengineering can be disruptive, and it can take time for employees to adapt to the changes. There are also other issues to be mindful of$.$ Required: $1.$ Briefly explain key concepts and requirements underlying BPR approach $2.$ Choose one organisation, either in i$)$ a health care industry, or ii$)$ banking industry, and explain the benefits gained from applying BPR in this organisation $3.$ Discuss the cautions and drawbacks of applying BPR in the chosen industry