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Quotes of the day:
All that is gold does not glitter not all those that wander are lost.
Rationalization is the reorganization of a company in order to increase its operating efficiency. This sort of reorganization may lead to an expansion or reduction in company size, a change of policy, or alteration of strategy pertaining to particular products offered. Similar to a reorganization, a rationalization is more widespread, encompassing strategy as well as structural changes. Rationalization is necessary for a company to increase revenue, decrease costs and improve its bottom line.
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