What does the term activity-based management mean?

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What does the term activity-based management mean?

Management:

The process performed by the manager that include the planning of the work, organizing of employees , directing the work to them, and controlling their performance to achieve the goal or objective is known as management.

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Activity-based Management:

The term activity-based management means the process used by the organization to determine the profitability of every...

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Activity-Based Management (ABM): Definition & Examples

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Chapter 7 / Lesson 1
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Activity-based management (ABM) is used in analyzing business activities to enhance decision-making and improve business operations. Learn the definition and examples of ABM and compare activity-based costing and traditional costing methods.


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