Itemize the disadvantages of ABC that have caused some firms to abandon this technique


1 . ABC has been criticized for being too time consuming and complicated for practical applications over a sustained period.
2 . Critics charge that rather than promoting continuous improvement, ABC creates complex bureaucracies within organizations that are in conflict with the lean manufacturing philosophies of process simplification and waste elimination.
3 . The task of identifying activity costs and cost drivers can be a significant and ongoing undertaking. As products and processes change so do the associated activity costs and drivers.
4 . Unless significant resources are committed to maintaining the accuracy of activity costs and the appropriateness of drivers, cost assignments become inaccurate.

Business

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Indicate whether the statement is true or false

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Team members should be selected on the basis of ____.

A. friendship B. familiarity C. loyalty D. characteristics of the project

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Which of the following is not an aspect of the "dark side" of entrepreneurship?

a. confrontation with risk b. stress c. entrepreneurial ego d. bouts of euphoria

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CASE is an example of a:

A) technique. B) tool. C) methodology. D) data flow. E) customer.

Business