Difference between revisions of "Activity-based management"

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:[[Activity-based management]] ([[ABM]]). Method of management decision-making that uses activity-based costing information to improve customer satisfaction and profitability.
 
:[[Activity-based management]] ([[ABM]]). Method of management decision-making that uses activity-based costing information to improve customer satisfaction and profitability.
 
According to [[Managerial Accounting by Braun, Tietz (5th edition)]],
 
According to [[Managerial Accounting by Braun, Tietz (5th edition)]],
*[[Activity-based management]] ([[ABM]]). Using activitybased cost information to make decisions that increase profits while satisfying customers' needs.
+
:[[Activity-based management]] ([[ABM]]). Using activitybased cost information to make decisions that increase profits while satisfying customers' needs.
  
 
[[Category: Accounting]][[Category:Articles]]
 
[[Category: Accounting]][[Category:Articles]]

Latest revision as of 15:24, 12 July 2020

Activity-based management (ABM) is method of management decision-making that uses activity-based costing information to improve customer satisfaction and profitability.

Definitions

According to Cost Accounting by Horngren, Datar, Rajan (14th edition),

Activity-based management (ABM). Method of management decision-making that uses activity-based costing information to improve customer satisfaction and profitability.

According to Managerial Accounting by Braun, Tietz (5th edition),

Activity-based management (ABM). Using activitybased cost information to make decisions that increase profits while satisfying customers' needs.