ZBS Meaning and
Definition
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ZBS is an initialism that commonly stands for "Zero-Based Budgeting" or "Zone Based System," depending on the context.
In the financial management context, ZBS refers to Zero-Based Budgeting. It is a budgeting technique where every expense must be justified from scratch for each new budget period, regardless of previous allocations. Unlike traditional budgeting methods that rely on incremental adjustments, ZBS requires all expenses to be justified based on their necessity and contribution to the organization's goals. This approach aims to eliminate inefficiencies and prioritize resources to achieve optimal performance and cost-effectiveness. By evaluating and allocating resources in a systematic and rigorous manner, ZBS helps organizations identify cost savings, reallocate funds to high-priority areas, and foster a culture of accountability and efficiency in financial decision-making.
In the field of telecommunications or network infrastructure, ZBS may refer to Zone Based System. This system categorizes network traffic into different security zones, each with its own set of access control policies. By implementing different security policies for each zone, ZBS improves security by minimizing the risks associated with unauthorized access, data breaches, and other potential threats. It allows network administrators to efficiently manage and monitor network security by establishing rules specific to each zone's characteristics and requirements. ZBS enables a scalable and flexible approach to network security management, ensuring that access controls are implemented based on the specific needs and vulnerabilities of different zones within a network infrastructure.
Common Misspellings for ZBS
- zabws
- xzbs
- zxbs
- zvbs
- zbvs
- znbs
- zbns
- zgbs
- zbgs
- zbzs
- zbsz
- zbes
- zbse
- zbws
- zbsw
- zzbs
- zbbs
- zbss
- z bs
- zb s
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