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|ZBB - Zero Base Budgeting||
What is the meaning / definition of Zero Base Budgeting in the hospitality industry?
Zero Base Budgeting can be abbreviated as ZBB. The term is used when the budgeting for hiring employees takes into account the occupancy expected for a specific time period or season. This is commonly used in seasonal hotels or in hotels where workers may be hired for a limited period of time (temporary contract) during the high season.