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Rationalization

   Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia 0.01 sec.
Rationalization
The process of reorganizing and overhauling a company's operations, policies, and anything else needed to make the company more efficient. Rationalization is thought to be more widespread than a reorganization; it may involve closing some operations while expanding others. It usually involves a shift in investment or other policy. Rationalization is intended to improve a company's profitability.


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Summary: Five programmes for energy control and saving are in the pipeline or will be launched shortly by the National Agency for Energy Use Promotion and Rationalization (APRUE) in different sectors, including building, transport, industry and households and enterprises' consumption.
He said that tight monetary policy coupled with the rationalization of fiscal subsidies and expenditure controls, are the key policy actions that have brought improvement in the deficits.
The public funds will be saved through enhancing transparency of financial flows and their rationalization.
 
 
 
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