In recent years, the managerial concepts of activity-based management (ABM), activity-based costing (ABC), and total quality management (TQM) have received considerable attention from manufacturing and other companies. The development of a global economy as well as consumers' ability to shop around has led to increased competition in the market and pressure on companies to focus efforts on cost-cutting measures wherever possible.

Required:
1. Conduct online or library research for articles about companies that have successfully implemented ABM, TQM, and/or ABC within their organizations.
2. Read and briefly summarize at least three such articles.
3. Choose one of these companies and write a memo to your classmates outlining the company's implementation. Include their timelines, any problems encountered, and perceived benefits.