What is the difference between ABC and ABM? - ProProfs Discuss
Advertisement

What is the difference between ABC and ABM?

Asked by G. Woods, Last updated: May 31, 2024

+ Answer
Request
Question menu
Vote up Vote down

1 Answer

O.Olivia

O.Olivia

O.Olivia
O.Olivia

Answered Mar 05, 2020

ABC means Activity Based Coasting while ABM means Activity-Based Management. These are known to be tools that can be used to manage various business activities. ABM just focuses on business processes. ABC is effective in the costing process because it will be in charge of providing the various expenses that are needed, like the rent, supplies, and so much more.

ABM will be more focused on getting to know the various activities that can be effective in managing various activities that are meant to improve the organization. ABC is also focused on improving the value of the activities that would need to be given in order to make the customers happy.

upvote downvote
Reply 

Advertisement
Advertisement
Search for Google images Google Image Icon
Select a recommended image
Upload from your computer Loader
Image Preview
Search for Google images Google Image Icon
Select a recommended image
Upload from your computer Loader
Image Preview
Search for Google images Google Image Icon
Select a recommended image
Upload from your computer Loader

Email Sent
We have sent an email to your address "" with instructions to reset your password.