Compare and Contrast the Theory of Constraints and Activity Based

question 99

Essay

Compare and contrast the theory of constraints and activity based costing. Which is more useful in short-run and long-run management of costs?

---

Definitions:

Modeling

The process of learning behaviors by observing and imitating others, a key concept in social learning theory.

Dishabituation

The renewal of a response, previously habituated, due to the presentation of a novel stimulus.

Sensitization

The process of becoming more sensitive to a stimulus after exposure; it leads to an amplified response to a preexisting stimulus.

Habituation

The process by which an organism decreases or ceases its responses to a repetitive or prolonged stimulus, indicating a basic form of learning.