Discussion Board #5 - Zero Based Budgeting

For each discussion board topic I will list several questions to guide and start the discussion. However, you don't need to answer every question in your post. I'm trying to broaden the discussion with ideas. Pick and choose what you want to answer or comment on. You can expand past my questions.

As long as you stick to the topic, post according to the syllabus online discussion rubric "new and original ideas tangent to the discussion; insightful and reflective discussion; reference to and elaboration of ideas through the discussion" and post by the due dates, you will receive your 6 points.

Anything less than the above description will be graded by the rubric in the syllabus.

QUESTIONS: 1. What is zero-based budgeting? When was it used extensively? Why does it seem to have a resurgence? 2. What are the benefits of zero-based budgeting? What are potential problems or limitations with its use? 3. Is zero-based budgeting widely use? What businesses and organizations are most likely to use this type of budgeting? What entities do not use it? Why don't all entities use this tool? 4. As you advance in management, would you advocate the use of zero-based budgeting? Why or why not?