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

DISOUNT FOR LACK OF MARKETABILITY is an amount or percentage deducted from the value of an ownership interest to reflect the relative absence of marketability.

NET INTEREST INCOME see NET INTEREST MARGIN.

Suggest a Term

Enter Search Term

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