rationalization

rationalization
rationalize ra‧tion‧al‧ize [ˈræʆnəlaɪz] also rationalise verb [intransitive, transitive] COMMERCE
to make a business or organization more effective by getting rid of unnecessary staff, equipment etc, or reorganizing its structure:

• The company has been taking steps to rationalize its printing operations.

— rationalization also rationalisation noun [countable, uncountable] :

• We shall press ahead with our rationalization and cost-reduction program.

* * *

rationalize UK US (UK usually rationalise) /ˈræʃənəlaɪz/ verb [I or T]
WORKPLACE, MANAGEMENT to make a company, way of working, etc. more effective, usually by combining or stopping particular activities, or by employing fewer people: »

The economic reforms include abolishing export and import licensing, and rationalizing and reducing import tariffs.

»

Global economic trends have forced many companies to rationalize their operations.

rationalization (UK usually rationalisation) /ˌræʃənəlɪˈzeɪʃən/ noun [C or U]
»

The rationalization of the tariff structure was aimed at promoting exports of local products.

»

the reorganization and rationalization of the company's overseas operations


Financial and business terms. 2012.

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  • Rationalization — Ra tion*al*i*za tion (r[a^]sh [u^]n*al*[i^]*z[=a] sh[u^]n), n. The act or process of rationalizing. [1913 Webster] …   The Collaborative International Dictionary of English

  • rationalization — index deduction (conclusion), dialectic, excuse, justification, ratiocination Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • rationalization — (Amer.) ra·tion·al·i·za·tion || ‚ræʃnÉ™lÉ™ zeɪʃn / laɪ n. act of inventing possible reasons for an action that are not based on the true reasons; act of giving a rational explanation, act of basing things on logic or reason (also… …   English contemporary dictionary

  • rationalization — n. excuse 1) a mere rationalization 2) a rationalization for (a rationalization for refusing to contribute) 3) a rationalization to + inf. (it was a rationalization to argue that increased spending would spur the economy) 4) a rationalization… …   Combinatory dictionary

  • rationalization — Just as it is impossible to understand Karl Marx s concerns without seeing the centrality of labour power and its alienation into capital, so also it would be equally difficult to grasp the intellectual coherence of Max Weber s writings without… …   Dictionary of sociology

  • rationalization — Any action that increases the effectiveness of allied forces through more efficient or effective use of defense resources committed to the alliance. Rationalization includes consolidation, reassignment of national priorities to higher alliance… …   Military dictionary

  • rationalization — UK [ˌræʃ(ə)nəlaɪˈzeɪʃ(ə)n] / US noun [countable/uncountable] Word forms rationalization : singular rationalization plural rationalizations 1) an attempt to rationalize behaviour that does not seem reasonable or suitable 2) the process of… …   English dictionary

  • Rationalization — A reorganization of a company in order to increase its efficiency. This reorganization may lead to an expansion or reduction in company size, a change of policy, or an alteration of strategy pertaining to particular products. Similar to a… …   Investment dictionary

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