Zero-based budgeting - EDUCATIONLEAVES

What is Activity-Based Budgeting? Definition, Example, Advantages, Disadvantages & Implementation | PDF Inside

Activity-based budgeting is often used in cost accounting. Managers make budgets and spending recommendations based on past production activities. Management examines the costs of performing particular activities, like bending a fender for a car, to budget the overall costs of manufacturing a product.

Industrial engineering Economics

What is Zero-Based Budgeting?|Advantages, Disadvantages

January 5, 2021January 28, 2022 Sukanta Maiti 7 Comments economics, industrial engineering, mbo, Zero-based budgeting

Zero-Based Budgeting (ZBB) is a method of budgeting in which all expenses must be justified for each new period, regardless of whether each budget is higher or lower than the previous period.

Communication

What is an Information System? 5 Components, Types, Advantages, Disadvantages [PDF Included]

April 1, 2022April 1, 2022 Sushanta Maiti 5

In this digital era, we all are somehow accustomed to the word “Information System” although not well-versed with the concept or definition. If asked what is “Information System” one will definitely say the words like computer or network or database. But an information system is much more than just a computer or network. It surrounds us almost every time and is changing every day. Nowadays, life seems impossible without it. From the smartphones in our hands, the Wi-Fi networks on our college campus–to the traffic lights, sales management, and billing systems in the shopping malls, etc.–Information System is virtually in every walk of our life.