Rationalization business dictionary book

The word some in the above verse is actually a figure of speech called tapeinosis or demeaning. Rationalize definition and meaning collins english. Of course, businesses have been improving their processes since humans have been engaged in productive or trading business and many of those improvements have been. Rationalize definition is to bring into accord with reason or cause something to seem reasonable. Rationalization is a reorganization of a company in order to increase its operating efficiency.

If you need a custom essay or research paper on this topic please use our writing services. The streamlining of a companys manufacturing facilities in order to remove redundant or inefficient operations. Maybe im getting too personal about this, but rationalizing the movie business drives me mad. A practical guide to product rationalization supply and. In sociology, the iron cage is a concept introduced by max weber to describe the increased rationalization inherent in social life, particularly in western capitalist societies. Easytouse free business glossary with over 20,000 terms. The goal of product rationalization is to reach a maximum number of customers with a minimum number of products in order to maximize revenue for each product.

One of the biggest changes that weber identified was the continued rationalization of society. It rationalization definition in the cambridge english. Rationalization is an attempt to logically justify immoral, deviant, or generally unacceptable behavior. It will help to demystify terms such as bear hugs, whitegrey knights, cashcows and churning strongly recommendedtesthis wideranging and. Weber believed that most societies throughout history were governed by tradition and. In economics, rationalization is an attempt to change a preexisting ad hoc workflow into one that is based on a set of published rules.

Rationalization noun definition and synonyms macmillan. A reorganization of a company or organization in order to improve its efficiency. Access to the complete content on oxford reference requires a subscription or purchase. The primary agenda of supplier rationalization is to streamline the organizations spend to fewer suppliers and driver better value from those relationships. Rationalization is thought to be more widespread than a reorganization. Selling off or closing down some plants or units to reorganize a firms operations to be more in line with its core competencies, in the interest of. Rationalization synonyms, rationalization antonyms. The following are common examples of product rationalization criteria. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription. In the late 1980s armco wished to rationalise its businesses. Psychology dictionary terms with the letter r allpsych. The meaning of rationalization in psychology explained with. Meansend goaloriented rationality is used to precisely calculate that which is necessary to attain a goal. Understanding contemporary society through classical.

In this series of blog posts i shall be examining some of the most important methods of selfdeception, starting today with the ego defence of rationalization. In freuds classic psychoanalytic theory, rationalization is a defense mechanism, an. It is a form of selfdeception unconsciously used to make tolerable certain feelings, behaviors, and motives that would otherwise be unacceptable. Rationalization means organizing something into a logically coherent system. Define rationalization by websters dictionary, wordnet lexical database, dictionary of computing, legal dictionary, medical dictionary, dream dictionary. For example, the implementation of bureaucracies in government is a kind of rationalization, as is the construction of highefficiency living spaces in. Main aims and objectives of rationalization explained. Your chance to have a onetoone lesson with bestselling language expert paul noble, try a free. Information about rationalization in the dictionary, synonyms and antonyms. Rationalization and webers possible interpretations. Rationalization article about rationalization by the free. Learn more about the rationalization of society and see some examples, and. Rationalization article about rationalization by the.

In some cases this may involve the firm in closing highcost plant and concentrating production in larger, more modern plants. For the purpose of focusing in on only the results of this rationalization spirit, we will begin our teaching with the first verse of chapter 15. Rationalization by tia parker goodreads share book. Rationalization in this case applies to justifying the size of the operating facilities.

Rationalization is intended to improve a companys profitability. Proper usage and audio pronunciation plus ipa phonetic transcription of the word rationalization. However, it is possible to speculate that the most plausible interpretation for what weber meant by rationalization is, the replacement of traditional ways of doing things with new calculated ways. Rationalize is to attempt to justify something or to make. A spirit of rationalization part one absolute bible study.

Dictionary of business and management oxford reference. Please subscribe or login to access full text content. Rationalize dictionary definition rationalize defined yourdictionary. Rationalize definition of rationalize by the free dictionary. In psychology and logic, rationalization or rationalisation also known as making excuses is a defense mechanism in which controversial behaviors or feelings are justified and explained in a seemingly rational or logical manner to avoid the true explanation, and are made consciously tolerableor even admirable and superiorby plausible means. In other words, it is one of those books that makes sense for people in the. Share flipboard email print a business woman trapped in a cage symbolizes max webers concept of the iron cage of rationality. Change your default dictionary to american english. In sociology, rationalization or rationalisation is the replacement of traditions, values, and emotions as motivators for behavior in society with concepts based on rationality and reason. Since an emotion is experienced as an immediate primary, but is, in fact, a complex, derivative sum, it permits men to practice one of the ugliest of psychological phenomena.

Buy products related to business dictionary products and see what customers say. There are a number of processes and operations that an organization can undergo in order to increase efficacy and operational strength of the organization. Selling off or closing down some plants or units to reorganize a firms operations to be more in line with its core competencies, in the interest of efficiency, or as a cost cutting. Information and translations of rationalization in the most comprehensive dictionary definitions resource on the web. Definition and synonyms of rationalization from the online english dictionary from macmillan education. If you try to rationalize attitudes or actions that are difficult to accept, you think. The concealment of true motivation in some nonthreatening way. There is a tendency in modern times to quantify experience, knowledge, and work.

Selling off or closing down some plants or units to reorganize a firms operations to be more in line with its core competencies, in the interest of efficiency, or as a cost cutting measure. This rationalization essay example is published for educational and informational purposes only. Of the three works now on our table, the two which we have placed first have these laudable objects in view. Rationalization is the process of replacing traditional and emotional thought with reason and. Rationalization is not a term that max weber defined in his book modernity and society. Meaning of rationalization with illustrations and photos.

Nevertheless, to put product rationalization in perspective, some of the major reasons why companies get countless skus in their arsenal are. According to the resolution passed by the conference, the main aims of rationalization are. Rationalization psychology, a psychological defense mechanism in which perceived controversial behaviors are logically justified also known as making excuses postpurchase rationalization, a tendency to retroactively ascribe positive attributes to an option one has selected. The weberian theory of rationalization and the mcdonaldization of contemporary society george ritzer george ritzeris distinguished professor of sociology at the university of maryland. Rationalization is a process of converting an irrational number into a rational number, which is one which can be expressed as the ratio of two integers. Understanding max webers iron cage definition and discussion. In this article, i will try to provide insight on the topic of how to decouple complexity by using a structured method and approach to product rationalization.

A spirit of rationalization part one now the spirit speaketh expressly, that in the latter times some shall depart from the faith, giving heed to seducing spirits, and doctrines of devils. To help you understand the context of what we are about to go over, you may want to read some of the previous chapters in the book of i samuel. Rationalization of society is a concept first explored by max weber. View american english definition of rationalization. The iron cage thus traps individuals in systems based purely on teleological efficiency, rational calculation and. Supplier rationalization, also known as supply base reduction sbr is the process of shrinking the supply base by reducing the number of active suppliers. Reallife best practices to get excess product off your companys bottom line. Rationalization definition of rationalization by webster. Rationalization definition of rationalization by the free dictionary. Many it organizations are working to lower the percent of the budget spent on operations and maintenance, which tends to hover at 70% or above, according to industry estimates. We rationalized the production system so that one operator could control all three machines.

This sort of reorganization may lead to an expansion or reduction in company size, a change of policy, or an alteration of strategy pertaining to particular products offered. Gm sought to rationalize its business by eliminating brands and thus was motivated to end the daewoo dealer network. New work by timothy feddersen professor of managerial economics and decision sciences at the kellogg school of management shows how rationalization once studied mainly in psychologyimpacts choices and can help economists understand why people make decisions that violate standard economic theories. For example, the implementation of bureaucracies in government is a kind of rationalization, as is the construction of highefficiency living spaces in architecture and urban planning. Rationalization is a reorganization of a company in order to increase its efficiency.

A statement of ones motives, or of the causes of some event. Aug 06, 2007 much has been written about what the causes of product proliferation are, so as part of this endeavor more of my focus will be on how to deal with it, rather than the why and what of it. This is the british english definition of rationalization. To make a business or process, for example more efficient, as by reducing costs. His major areas of interest are sociological theory, globalization, and the sociology of consumption. Rationalization is the process of replacing traditional and emotional thought with reason and practicality. Rationalization definition, to ascribe ones acts, opinions, etc. This paper provides a methodical approach, with embedded critical success factors, for application portfolio rationalization. Factory organization is often rationalized to make it as efficient as possible. Jan 04, 2020 rationalization is a reorganization of a company in order to increase its efficiency. Rationalization is a coverup, a process of providing ones emotions with a false identity, of giving them spurious explanations and. Irrational numbers are those that cannot be so expressed. Rationalization is one of the most common defense mechanisms. Business process analysis rationalizing business processes.

Rationalization can be defined as the reorganization and rebuilding of the organization in order to increase its efficiency and performance. Definition of rationalization noun a longterm process whereby beliefs based on morality or superstition are replaced by rules and procedures based on logic and efficiency. To make a business or process, for example more efficient, as by reducing costs or introducing modern methods. Product rationalization definition in the cambridge. Business velocity driving it rationalization water, water, every where, and all the boards did shrink. Rationalize definition in the cambridge english dictionary. Rationalisation financial definition of rationalisation. Rationalization definition of rationalization by the. There are several terms used for the rationalization of business processes. The meaning of rationalization in psychology explained with examples. Dec 10, 2019 rationalization countable and uncountable, plural rationalizations the process, or result of rationalizing. Rationalizing definition of rationalizing by the free dictionary.

Rationalization is a coverup, a process of providing ones emotions with a false identity, of giving them spurious explanations and justificationsin order to hide. This reorganization may lead to an expansion or reduction in company size, a change of policy, or an. Rationalization definition of rationalization by medical. Mar 10, 2012 a striking instance of cognitive dissonance and rationalization can be found in leon festingers book of 1956, when prophecy fails, in which he discusses his experience of infiltrating a ufo. Here, we shed light on the meaning of rationalization, and put forth some examples of the concept to make it easier for you to get wellversed with it. Rationalization is a reorganization of a company in order to increase its. Synonyms for rationalization at with free online thesaurus, antonyms, and definitions. Rationalization in decision making kellogg insight.

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