CORPORATISED Meaning and
Definition
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Corporatised is an adjective derived from the noun corporation, which refers to a legally recognized entity created to conduct business activities. When something is described as corporatised, it means that it has been transformed, influenced, or incorporated in a way that aligns with the principles, practices, or characteristics of corporations.
Corporatised often signifies the adoption of a corporate structure or framework by an organization, institution, or system that was not initially structured as such. This may involve introducing management systems, hierarchical structures, standardized procedures, or other aspects commonly associated with corporations. The intention behind corporatising entities is often to enhance efficiency, accountability, and profitability.
In a broader sense, the term corporatised can also describe the phenomenon of public services or sectors being operated in a manner similar to corporate entities. It can refer to the privatization or commercialization of various government-run operations, rendering them more business-oriented. Some examples include the corporatisation of healthcare, education, transportation, and utilities. This shift often entails incorporating market-oriented strategies, promoting competition, embracing profit-making motives, or adapting other features commonly found in the private sector.
In summary, corporatised is a term used to describe the process of aligning an organization, system, or sector with the characteristics, structures, or principles commonly associated with corporations, be it through the adoption of corporate frameworks, management strategies, or incorporation of profit-making motives.
Etymology of CORPORATISED
The word "corporatised" is derived from the noun "corporation", which comes from the Latin word "corpus", meaning "body" or "substance". In English, "corporation" refers to a legal entity or organization formed by individuals to conduct specific activities, usually commercial or industrial.
The suffix "-ize" in "corporatised" is derived from the Greek suffix "-izein", meaning "to make" or "to cause to become". When added to a noun, it transforms it into a verb that indicates the process of making or becoming like the noun.
Therefore, "corporatised" refers to the process of making something more corporate in nature or incorporating corporate principles, practices, or structures into an entity or organization.
