Multiple Choice
When a business has entered into the decline phase of its life cycle, activity-based management (ABM) is primarily used to:
A) Manage bottlenecks and optimize revenue based on resources available.
B) Provide information to support downsizing and cost-cutting decisions.
C) Identify non-value-added costs and improve operations to enhance profitability.
D) Improve processes to gain more productivity and find funds for growth by removing waste.
Correct Answer:
Verified
Correct Answer:
Verified
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