rationalization
Definition 1
Corporate: Selling off or closing down some plants or units to reorganize a firm's operations to be more in line with its core competencies, in the interest of efficiency, or as a cost cutting measure. Often used as a euphemism for firing employees. See also downsizing.
Definition 2
Psychological: Attribution of reasonableness or socially acceptable motives to an action, behavior, or decision with plausible explanations, while hiding (or being unconscious of) the true motives. See also defense mechanism.
rationalization is in the Entrepreneurship, Management, & Leadership and HR, Teams, & Training subjects.
rationalization appears in the definitions of the following terms: defense mechanism, core product, footprint rationalization, downsizing and scientific management
rationalization appears in the other term: asset rationalization
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