Activity-Based Management
- Topics:
- Strategic Management Tools
- Tags:
- Activity Based Costing,
- Activity-based Management,
- Cost Management,
- Finance,
- Managerial Accounting,
- Marketing,
- Pricing,
- Thomson Corp.
- Source:
- Thomson
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Overview: Activity Based Management (ABM) lays stress on process and activity analysis in an organization. It is a means to integrate principles of management with cost management system. Since it works at the activity level, it has the potential to add value to the organizational processes and practices. Such a management approach becomes much more significant in a manufacturing environment wherein subtle processes play important role in the production cycle. ABC uses Activity Based Costing (ABC) for managing costs. The paper examines basic principles of ABM and ABC.
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Format: HTML | Size: 157KB | Date: Jan 2003 | Pages: 35
