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Rationalization

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Dictionary Says

Definition of '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.
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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