Comparing Activity-Based Management (ABM) and Lean Operations All of the Following

question 144

Multiple Choice

Comparing activity-based management (ABM) and lean operations all of the following are correct except

• A) both identify value-adding and nonvalue-adding activities.
• B) ABM uses a more complex accounting system.
• C) both are activity-based systems.
• D) JIT focuses on the accuracy of cost assignment.

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Definitions:

Flash Sales

Limited-time offers or promotions featuring significantly reduced prices, typically used to quickly selling surplus inventory or attracting new customers.

Retailing Websites

Online platforms that sell products or services directly to consumers from businesses of various sizes, facilitating e-commerce transactions.

Telemarketing

The practice of marketing goods or services directly to potential customers over the telephone.

Direct Selling

A retail channel for the distribution of goods and services directly to consumers through face-to-face sales, bypassing traditional retail outlets.