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Descriptions and Definitions of Quality Terms, Tools and Techniques
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Descriptions and Definitions of Quality Terms, Tools and Techniques |
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Activity Based Management (ABM)This is an approach to managing using Activity Based Costing. The primary principle of ABM is to get closer to the real costs so you can match the value created with the cost of creating it. When you can do this, you can then focus your activities to create the maximum value at the lowest cost.See also:Activity Based Costing, Value Analysis |
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