(c) Critically discuss the adoption of activity－based management (ABM) in companies such a

(c) Critically discuss the adoption of activity-based management (ABM) in companies such as TOC. (6 marks)

(c) Activity-based management (ABM) is a method of identifying and evaluating activities that a business performs usingactivity-based costing to carry out a value chain analysis or a re-engineering initiative to improve strategic and operationaldecisions