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Comparing the Goals of Activity-Based Management (ABM)and Lean Operations We

question 22

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Comparing the goals of activity-based management (ABM) and lean operations we can say that __________ aim(s) to simplify activities.


Definitions:

Assumption

A basic condition or premise believed to be true without proof for the purpose of reasoning and decision-making.

Hypothesis

A suggested theory formulated from minimal evidence intended as an initial step for more in-depth inquiry.

Behavior

The actions or reactions of an individual or system in response to external or internal stimuli.

Normative Economic Statement

An opinion or judgment about what ought to be in economics, reflecting subjective statements of value.

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