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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.
Q. Show the Limitations of ratio analysis ? A ratio on its own is meaningless, accounting ratios must always be interpreted in relation to other information. Ratios based on h
Instant competition blinds a company to latent competitors who can demolish the old ways of doing business.
Question: a) (i) How many components are there in an ideal mission statement of a business organisation? (ii) Name these components? b) Using the above named component
Nation -Wide Bus Lines (NWBS) conducts training classes for new drivers. The classroom can hold 35 students. As long as the class size is less than or equal to 35, the training pro
Using a combination of online and paper resources, find out as much as you can about the seven materials listed below. In particular, consider the QUANTITATIVE values for their pr
Recommendation for future strategies, Strategic Management. Conclusion
a) identify and explain the key activities in the strategic management process. b) why do businesses need to go international .?
How would you respond to Coca-Cola’s change in sales policy? How would you ensure Pepsi’s board that this response will allow you to remain competitive and profitable?
Discuss the key activities of the strategic management process. Explain why it is important for managers to recognise the interdependent nature of these activities.
1. Discuss the Retrenchment Strategy of Sara Lee.
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