Management consultant Peter Phyrr first developed the theory of___________, for Texas Instruments.
A) program budgeting.
B) zero-based budgeting.
C) performance budgeting
D) line-item budgeting.

Question

Quizplus · Accepted Answer

Peter Phyrr is credited with developing the concept of zero-based budgeting while he was working for Texas Instruments. This approach requires all expenses to be justified for each new period, starting from a "zero base," rather than simply adjusting previous budgets.

Management Consultant Peter Phyrr First Developed the Theory Of___________, for Texas