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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.
Alfred Rappaport's definition of shareholder wealth (value) Shareholder value = corporate (business) value - Debt The corporate value represents the perpetuity of cash
Recognizing a Company's Strategy 1. A company's strategy is reproduced in its actions in the marketplace & the statements of senior managers regarding the company's current b
Perform external and internal audits Follow the strategic development content then Aldi can perform external and internal audits. In external audit is considered an important
Q. Market based approaches? Cost based approaches to transfer pricing can ignore what external competition would charge, therefore 'open (external) market price' could be used
Q. Benefits of shared service centres ? ¸ Economies of scale e.g. sharing overhead of a centralised function or process across divisions in the same group, it avoids divisions
What Does Process of Crafting & Executing Strategy Entail? 1. Crafting & executing a company's strategy is a five-stage managerial process: (a). Developing a strategic vi
Banking Systems Fraud and Technology Approach It is my intention to use the Banking Systems in Nigeria for this case study. I have observed that the process of banking operat
Louise Nance had working on the assembly line of the Jackson Manufacturing Company for about six months. During recent weeks, her supervisor, Ben Miller, noticed that her productio
i want to know the BCG matrix of MCB bank pakistan?
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