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| Author: | Morrissey, E. Hudson, H. |
| Title: | A smarter way to run a business |
| Journal: | Journal of Accountancy
1997 : JAN, VOL. 183:1, p. 48-49 |
| Index terms: | ACCOUNTING MANAGEMENT STRATEGY |
| Language: | eng |
| Abstract: | Operating a company in today's business environment is tough. Managers need all the help they can get. This article offers much-needed assistance by demonstrating how two management tools can help a company cut costs, boost profits and, at the same time, remain focused on its strategic business targets. The tools are activity-based management (ABM) and performance measurement. When used together, they can help a company identify and set priorities for cost-improvement opportunities. |
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