The term zero-base budgeting was first introduced to public

Assignment Help Financial Management

Reference no: EM131957376

The term zero-base budgeting (ZBB) was first introduced to the public in a 1970 article by Peter A. Pyhrr in the Harvard Business Review and soon and dropped out of favor, primarily because it was such a laborious process. There are some sign that zero based budgeting is reemerging as health care organization face an increasing competitive environment, seek to implement new enhancement, and cost avoidance activities, and try to capture new market niches. Discuss the advantages and disadvantages of zero-based budgeting. Why it is so unique to the health care industry?

Reference no: EM131957376

Questions Cloud

Which quantity maximizes the firms profit : Does the firm maximize its profit by producing 10 units? If no, which quantity maximizes the firm's profit. Explain your answer fully.

Make the potential difference between its plates : What amount of charge must be placed on each of its plates to make the potential difference between its plates equal to 60.0 V?

What is the dielectric constant of that dielectric : A 1.1 nF parallel-plate capacitor has an air gap between its plates. Its capacitance increases by 2.5 nF when the gap is filled by a dielectric.

Estimate of the inflation rate : Estimate of the inflation rate, use the median inflation rate implied by the real and nominal prices in Table 1 of the case

The term zero-base budgeting was first introduced to public : The term zero-base budgeting (ZBB) was first introduced to the public in a 1970 article by Peter A.

What is final temperature : A 4.0-kg aluminum block is originally at 20 °C. If 160 kJ of heat is added to the block, what is its final temperature?

What is the initial force on the block : If the spring constant is 10 N/m, what is the initial acceleration of the block? What is the initial force on the block?

Explain duopolists dilemma : Explain duopolist's dilemma. explain as to why both the competing firms end up with low price option while they optimally could have gone for the high price.

Dehydration due to gastroenteritis : A 7-year-old girl was admitted for dehydration due to gastroenteritis. The patient had been seen in the pediatrician's office and was treated

User Account

All Pages