Economics · Public Finance and Budgeting
India adopted Zero-Based Budgeting (ZBB) in 1983, which requires all expenses to be justified starting from a 'zero base' for each new period. Who originally developed the concept of Zero-Based Budgeting in the 1960s?
- 1Michael Porter
- 2Robert Kaplan
- 3Richard Nixon
- 4Peter Pyhrr✓
Correct answer
Peter Pyhrr
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