While a form of ABC was being used by General Electric back in the sixties, widespread use of ABC didn\’t began in the United States until the late eighties. The early focus of ABC was on developing more reliable product cost numbers to improve firms\’ product-related strategies (e.g., pricing, product profitability, and product emphasis). But more recently, companies have found activity-based management to be of even greater profit.1-Why change to ABC?
While a form of ABC was being used by General Electric back in the sixties, widespread use of ABC didn\’t began in the United States until the late eighties. The early focus of ABC was on developing more reliable product cost numbers to improve firms\’ product-related strategies (e.g., pricing, product profitability, and product emphasis). But more recently, companies have found […]
