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Zero-Based Budgeting Is Not a Wonder Diet for Companies

Harvard Business

Traditional ZBB implementations focus almost exclusively on simple SG&A , in part because SG&A benchmark data is far more readily attainable than are relevant data from the core functions of comparable companies. In another company, commercial discounts was essentially a black box for the finance chief and CEO.

Company 32
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Reflections on 2013; What's Important, What's Not? What's Ahead?

MishTalk

Total credit in the economy (total social financing) showed a 40 per cent rise in November over the prior month and is on course for growth this year of almost 20 per cent. Stay an extra day and golf or travel. Cash Crunch In December, China had its second Cash Crunch for the year in which the 7-day interest rates doubled to 10%.