activity based management

Part I

How can activity based management and activity based costing (ABC) benefit an organization? Specifically, address the following
points.

How does ABC differfrom other allocation methods?

Describe the main characteristics ofABC.

What type of companies tends to

benefit from ABC?

Comment on a company (research Internet) that has implemented ABC.

What type of company is it?

Was it successful?

Part II

The below concepts are all applied by many business in an attempt to be more efficient and reduce costs. Create a table
describing at least three ofthe concepts below and how implementation may benefit an organization.

Lean manufacturing

Just-in-time

Theory of constraints

Total quality control

Value chain