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Unformatted text preview: efficiency in the areas of performance measurements, process re-engineering, testing and prioritizing, cost improvement efforts, and value adding versus non-value adding analysis. This article gave me a more in-depth look at ABC and how it can help management decisions. ABC can give management a better picture of activity costs. This can definitely help management to improve on operational efficiency because they can easily identify costly activities/processes and re-engineer the process to make it more efficient. Not only can ABC help managers to improve processes but also can be used to give meaningful feedback to evaluate how an improvement effort is working. 3 Article Analysis Summary Reference Arney, D., & Sorice, R. P. (1994). Activity-based costing: A proactive management tool . Credit World , 82 (6), p.17. Retrieved from ProQuest database....
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- Spring '12
- Management, Better, proactive management tool