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Q. Explain Zero based budgeting?
Zero based budgeting (ZBB) is a method of budgeting, which requires each cost element within the budget to be specifically justified as though it was being under taken for the very first time, without approval, the budget allowance would be zero. Therefore each cost, every period, must be 'justified' before it can be included in the budget, and employees are encouraged to find alternative ways of accomplishing the same thing but for less money.
Question: (a) Firms are always looking to outperform each other; three generic strategies have been identified to allow them not only to attain advantages over competitors b
need to make a memo to company executives explaining why adequate training is important to the company and how the financial costs can be justified
Product and Pricing strategy. This activity is part of your marketing plan. Prepare a 4-5 page report, addressing the following: Explain the rationale for the compo
Q. What do you mean by Inventory days? (Average inventory / Cost of sales) x 365 days Average inventory can be arrived by taking this year's and last year's invento
SWOT ANLAYSIS : The swot analysis of hotel arpanaa reveals interesting information about the features and services that are offered by the hotel along with the upcoming opport
EIGHT STAGE PROCESS
Payback period = total cost of investment / estimated annual revenue
In response to the start of the credit crisis, EU Finance ministers agreed a set of conclusions in October 2007. These initiatives were grouped into the so-called Economic & Financ
Define Managerial Process of Crafting & Executing Strategy the managerial ins & outs of crafting & executing company strategies. Special thought is given to management's direc
(1.) Infosys follows a global delivery model that enables the company to maintain standards. The vertical differentiation strategy did help the company to gain control over the ope
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