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Activity Based Management

   Also found in: Acronyms 0.05 sec.
Activity Based Management
An area of management accounting that evaluates business activities so that management can make better-informed business decisions, especially by streamlining activity to reduce costs. ABM utilizes activity based costing, which attempts to allocate overhead costs to specific goods and services and find ways to reduce them.


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Activity based management methods show which products and customers are profitable by allocating costs to the lowest possible level of detail.
MONTREAL -- Vision Global Solutions (OTC BB:VIGS), a leading developer of Activity Based Management Solutions, today announced that Vision Global Solutions (the "Company" or "Vision Global")) has completed an acquisition through a reverse merger of Vesmark, including its main asset, the Smartware Financial Planning System, into Vision Global.
MONTREAL -- Vision Global Solutions (OTC BB:VIGS), a leading developer of Activity Based Management Solutions, today announced that the Company completed the installation and implementation of its proprietary Apogee accounting and management solution for the public postal operator of Zimbabwe, Zimpost.
 
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