Tag: approach

Zero-Based Budgeting (ZBB)

What is 'Zero-Based Budgeting - ZBB' Zero-based budgeting (ZBB) is a method of budgeting in which all expenses must be justified for...
Valuation cost

Valuation Clause

What is a Valuation Clause A valuation clause is a clause in a contract that stipulates the value of goods or services to be exchanged....

R

What is 'R' 1. An occasional fifth letter in a Nasdaq-traded company's ticker symbol that identifies the stock as a rights offering....

Ragnar Frisch

What is 'Ragnar Frisch' A Norwegian economist and joint winner in 1969 of the very first Nobel Prize in Economics, along with...

A Priori Probability

What is 'A Priori Probability' A priori probability is a probability calculated by logically examining existing information. A priori probability can most...

Kaizen

Definition Kaizen, is the Japanese word for "improvement". In business, kaizen refers to activities that continuously improve all functions and involve all employees from the...

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