Topical Terminology > Activity Based Management (Abm)
Activity Based Management (Abm)
For Activity Based Management (Abm) we have terms and definitions in 2 topics. The topics are Accounting and Business Process.
Activity Based Management (Abm) (Accounting) 
converts Activity Based Costing (ABC) into a system to manage an organization. Activity Based Management not only focuses on productservicecustomerchannel costingit also emphasizes: cost drivers (root cause analysis)action plans to improve to achieve strategic objectivesandperformance measures for activities and processes.
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Activity Based Management (Abm) (Business Process)
A system of management that seeks to optimize the value-added activities performed by the enterprise while at the same time minimizing or eliminating the non-value added activities, resulting in overall improvements in the effectiveness and the efficiency of the enterprise in serving its customers.
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