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zero-based budgeting

Finding the Silver Lining in 'Zero-Based Budgeting'

Finding the Silver Lining in 'Zero-Based Budgeting'

So your company has decided to go the way of Unilever and "zero-base" its marketing budgets. You Google the term, and what you see gives you chills. For example, The Wall Street Journal calls zero-based budgeting "an arcane-sounding financial tool that slashes costs by focusing on details as minute as how to make photocopies."