Activity-based management involves focusing on activities to eliminate waste.

Name: Activity-based management involves focusing on activities to eliminate waste.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Activity-based management is a management approach that aims at identifying and managing activities that consume resources and drive costs in a business process. By focusing on activities, organizations can identify and eliminate wasteful activities, reduce costs, and improve efficiency. Therefore, the statement is true.

Activity-Based Management Involves Focusing on Activities to Eliminate Waste