ZBB (Zero Based Budgeting)

Zero-based budgeting is a method of budgeting in which all expenses must be justified and approved for each new period, which required each manager to justify his entire budget in detail from scratch. This might be used in hotels where there has been a global pandemic, or a long-term interruption to the industry and where … Continued

Zulu Time

Zulu Time Zone (Z) has no offset from Coordinated Universal Time (UTC). Zulu Time Zone is often used in aviation and the military as another name for UTC +0. Zulu time, also known as Greenwich Mean Time (GMT), is the time zone used by the Royal Observatory in Greenwich, England. It is the basis for all … Continued