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Inactivity Based Cost Management

By Jayaraman Iyer
eBook
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By Jayaraman Iyer
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Inactivity Based Cost Management [IBCM©] enables Study of Cost Consequence: activity has a cost incidence whereas inactivity a cost consequence. This is made feasible by defining Intangible. Intangible is the energy force making things work in this tangible world. When things do not work, as we see today, we tend to blame the financial results and chaos in the economy. That is old capitalism. IBCM© is New Capitalism where strategies are observed and reported on a real-time monitoring basis ...

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