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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.
1. “A mission describes what the organization is now; a vision statement describes what the organization would like to become.” Differentiate between corporate mission and strategi
Payback period = total cost of investment / estimated annual revenue
HOW DO I GET THE PERFROMANCE PYRAMID FOR IT
What Is Strategy & Why Strategy Is Important? Managers at all companies facade three innermost questions in view strategically concerning their companies' current circumstances
explain strategy as an organisational process
Opportunities: The hotel has now 20 spacious rooms that can offer excellent comfort and luxury to the upper middle class people who visit the place. The rooms are completely booke
Process design strategy define with example
1. What are the strengths and weaknesses of the mission statement? Which of these statements are effective guides to decision-making within an organization? Which, if any, of th
Q. Evaluate Total shareholder return? Total shareholder return (TSR) TSR = {(Dividend per share + Growth in share price) / (Market share price at the start of the period)
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