ACTIVITY BASED MANAGEMENT Definition

Bookmark and Share

ACTIVITY BASED MANAGEMENT (ABM) converts Activity Based Costing (ABC) into a system to manage an organization. Activity Based Management not only focuses on product, service, customer, channel costing, it also emphasizes: cost drivers (root cause analysis), action plans to improve to achieve strategic objectives, and, performance measures for activities and processes.

Learn new Accounting Terms

CRR see CASH RESERVE RATIO.

AGE OF INVENTORY see DAYS INVENTORY.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.