Activity based management (ABM)

Activity based management (ABM),

Definition of Activity based management (ABM):

  1. Management's approach aims to maximize value-added activities while minimizing or eliminating value-added activities. ABM's general goal is to increase the company's effectiveness and efficiency in protecting its market. It is based on Activity Based Expenditure (ABC) which is the primary source of information and (1) reducing costs, (2) creating performance measurements, (3) improving cash flow and quality ; And (4) creating value. Products.

Meaning of Activity based management (ABM) & Activity based management (ABM) Definition