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Rationalization

What Does It Mean?
What Does Rationalization Mean?
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.
Investopedia Says
Investopedia explains Rationalization
Similar to a reorganization, a rationalization is more widespread, encompassing strategy as well as structural changes.
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