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

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

what are the advantages of using tha general nine electric model

Explain two-part tariff system, Q. Explain Two-part tariff system? With...

Q. Explain Two-part tariff system? With a two-part tariff system the buyer is charged: A transfer price equal to the seller's variable (marginal) cost for each unit sold

Research on a business organization, The title of the research question is:...

The title of the research question is: 1. To investigate and research on a business organization of your interests. 2. To identify the scope of their business strategy, within th

Stategic management, Critically evaluate the future plans of AEL

Critically evaluate the future plans of AEL

Cues of unmet demand, what cues that might cause a company to suspect there...

what cues that might cause a company to suspect there is unmet demand for its products or services. How would I design a test to determine whether My suspicions are correct?

Team development, 1.Describe the stages of team development 2 Justify how ...

1.Describe the stages of team development 2 Justify how to motivate team members to achieve given aim.

Investment planning, Using examples, explain the differences between the pr...

Using examples, explain the differences between the primary and secondary markets for securities. Question Discuss systemic risk and any effects that it might have on investo

Student.., ambassador is aknown brand in ethiopa. the company produces diff...

ambassador is aknown brand in ethiopa. the company produces different kinds of product that assisting the company to generate maximum profit more that of competitors. today the com

Problem-solving using knowledge of materials and manufacture, Based on your...

Based on your findings in Task 1, investigate the problem described in Appendix 1 and propose a solution, in terms of material choice and manufacturing process. Prepare a report

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