(a) What is Private Administration?
(b) What is an Organization?
(c) Define Recruitment.
(d)
What is zero-based budgeting?
Answers
Answer:
(a) Private Administration is defined as management and organization of private business enterprises . It is an administrative function carried out by the private individuals or a group, to earn a profit.
(b) an organized group of people with a particular purpose, such as a business or government department.
(c) Recruitment refers to the overall process of identifying, attracting, screening, shortlisting, and interviewing, suitable candidates for jobs within an organization.
(d) Zero-based budgeting is a method of budgeting in which all expenses must be justified and approved for each new period.
Explanation:
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Answer:
a.)Private Administration is defined as management and organization of private business enterprises . It is an administrative function carried out by the private individuals or a group, to earn a profit. It is a business activity which is non-Political in nature.
b.)Business organization, an entity formed for the purpose of carrying on commercial enterprise. Such an organization is predicated on systems of law governing contract and exchange, property rights, and incorporation.
c.)Recruitment is the process of actively seeking out, finding and hiring candidates for a specific position or job. The recruitment definition includes the entire hiring process, from inception to the individual recruit's integration into the company.
d.)Zero-based budgeting is a way of budgeting where your income minus your expenses equals zero. With a zero-based budget, you have to make sure your expenses match your income during the month.Zero-based budgeting (ZBB) is an approach to making a budget from scratch. The budget is not based on previous budgets. Instead, the budget starts at zero. With zero-based budgeting, you need to justify every expense before adding it to the official budget