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English definition of “rationalize”

rationalize

verb [I or T] (UK usually rationalise)     /ˈræʃənəlaɪz/
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]
(Definition of rationalize verb from the Cambridge Business English Dictionary © Cambridge University Press)
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