Activity-based management (ABM) - Financial definition
Concise definition of the term activity-based management
Activity-based management (ABM) is a method for analysing the processes of a business in order to identify its strengths and weaknesses.
Comprehensive definition of the term activity-based management
Activity-based management, in particular, looks to identify activities in which the business is losing money, in order to eliminate or improve these areas and thus increase profitability.