What is the final step in the activity analysis process used to implement Activity Based Management?
A)Chart,from start to finish,the activities used to complete the product or service.
B)Classify activities as value-added or non-value-added.
C)Eliminate non-value-added activities.
D)Continuously improve and reevaluate the efficiency of value-added activities or replace them with more efficient activities.

Question

Quizplus · Accepted Answer

The final step in the activity analysis process used to implement Activity Based Management is to continuously improve and reevaluate the efficiency of value-added activities or replace them with more efficient activities. This step ensures that the organization remains competitive and maintains a sustainable advantage in the market. The other options, while important, fall earlier in the process and do not represent the final step.

What Is the Final Step in the Activity Analysis Process