Explain activity based management, Strategic Management

Assignment Help:

Q. Explain Activity based management?

Activity based management (ABM) is about satisfying customers whilst making fewer demands on internal resources.  The aim is that once cost drivers are created, organisations can aim to reduce cost, by creating models for more effective planning and control.  ABM can lead towards the elimination or reduction of non-value added activities e.g. customer returns, complaints and obsolesce of stock.  By eliminating activities which don't add value to customers, an organisation may still satisfy customers and at the same time make fewer demands on organisations resources.


Related Discussions:- Explain activity based management

Swot anlaysis, SWOT ANLAYSIS : The swot analysis of hotel arpanaa reve...

SWOT ANLAYSIS : The swot analysis of hotel arpanaa reveals interesting information about the features and services that are offered by the hotel along with the upcoming opport

Find the minimum total cost, A fence enclosure consists of a rectangle of l...

A fence enclosure consists of a rectangle of length L and width 2 R , and a semicircle of radius R , as shown in Figure 1. The enclosure is to be built to have an area of 1600 m

Statistical procedure for management, A highly perishable drug spoils after...

A highly perishable drug spoils after three days.  That is, a fresh unit on day t may be used on day t, day t+1, and day t+2, but must be disposed of at the end of day t+2. Each

Explain about residual income, Q. Explain about Residual income? Residu...

Q. Explain about Residual income? Residual income is profit earned by a division less a "notional interest charge" for investment of finance within it.

General electric model, what are the advantages of using tha general nine e...

what are the advantages of using tha general nine electric model

Models of strategic management, your own company. Consider how this organiz...

your own company. Consider how this organization has developed their strategic management. Then write an original article addressing how this organization selected a model of strat

How value chain framework important to managers, Question: The steps in...

Question: The steps in value chain analysis are to examine the company's primary activities and support activities. (a) Elucidate the primary and support activities. (b)

Strategy, explain strategy as an organisational process

explain strategy as an organisational process

Show the quick ratio or acid test, Q. Show the Quick ratio or acid test? ...

Q. Show the Quick ratio or acid test? Quick ratio or acid test   Quick ratio = Current assets less inventories / Current liabilities               (times) This ratio meas

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd