Why Did ABC Fail at the Bank of China? UNLESS TOP MANAGEMENT LENDS ITS SUPPORT, EMPLOYEES UNDERSTAND THE PURPOSE OF USING ABC, MODELS ARE TESTED, AND COSTS/BENEFITS ARE DETERMINED, ABC IMPLEMENTATIONS COULD FAIL. B Y A BED AL-N ASSER A BDALLAH , P H .D., AND W E I L I EXECUTIVE SUMMARY Few authors have explored the implementation of activity-based costing (ABC) in East Asian companies. This study investigates factors that led to the failure of an ABC implementation at a major Chinese financial i

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The reasons for failure of ABC at the Bank of China was There was a lack of ... View the full answer