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Activity-based costing and activity-based management

Activity-based management (ABM)

Activity-based management is a system of management which uses
activity-based cost information for a variety of purposes including cost
reduction, cost modelling and customer profitability analysis.

Activity-Based Management: 5 basic information
outputs

Cost of Cost of Activity- Accurate
activities non-value based product/ Cost
and
added performance service drivers
business costs
processes activities measures

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