Managers often reap benefits by using ABC data in ABM to pinpoint opportunities to cut costs.

Question

Quizplus · Accepted Answer

ABC data in ABM (Activity-Based Management) allows managers to identify which activities or processes are consuming the most resources or costing the most money, which can then lead to opportunities to redesign or eliminate those activities to cut costs and increase efficiency. Therefore, managers can reap benefits by using ABC data in ABM to pinpoint cost-cutting opportunities.

Managers Often Reap Benefits by Using ABC Data in ABM