‘Zero-based budgeting enhances firm productivity.’ Discuss
• what zero-based budgeting is and its features;
• how zero-based budgeting is being used in the modern business environment. You may
use real-world examples to support your argument;
• advantages of zero-based budgeting over traditional methods of budgeting;
• the criticisms of zero-based budgeting and how the criticisms have been addressed.
