What Is Top-Down Budgeting And How Can It Affect Various Businesses

In the business world, finding the right budgeting strategy can be crucial to success. A top-down budget refers to a budgeting process in which management makes decisions about the company’s expenditure. Traditionally, budgets were created according to a bottom-up method. Bottom-up is just a top-down method flipped on its head. This article will tell you what top-down budgeting is and how it can impact businesses:

What is Top-Down Budgeting?

Top-down budgeting is when management arranges the company’s budget. The company’s senior management will meet and arrange a budget based on their objectives and goals for the company. To come to a final budget, the company’s management will take the current market into considerations. They will also discuss the previous year’s financial budget, how it worked, and if any changes need to be made to it or if they can implement the same budget. Senior management will also take tax, inflation, … Read the rest

British brand Zumo joins world-wide pledge to de-carbonise the crypto industry

Another giant move for crypto currencies as Scottish crypto currency wallet Zumo announced as signatory to the global crypto climate accord.

In cooperation with fintech and crypto industry leaders, Energy Web Foundation, the Alliance for Innovative Regulation and RMI created the Crypto Climate Accord. The Accord, inspired by the Paris Climate Agreement, is a private sector-led initiative for the entire crypto community focused on decarbonising the cryptocurrency industry.

Crypto Climate Accord Signatories are crypto market participants that make a public commitment to achieve net-zero emissions from electricity consumption associated with all of their respective crypto-related operations by 2030 and to report progress toward this net-zero emissions target using best industry practices. All Signatories also serve in the role of being a Supporter.

Zumo, a decentralised finance platform that makes regular money and cryptocurrency work seamlessly together, announced its key Signatory status of the Crypto Climate Accord (CCA), a global initiative Read the rest

This young Mexican created pothole pavement by reusing tires

Can you imagine a world without potholes in the streets? This could be a reality if the invention of Israel Antonio Briseño is supported: a pavement that also regenerates with water.

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2 min read

This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.


This story originally appeared on México Desconocido

National proud! Thanks to a young Mexican, the potholes could disappear forever . And it is that it created a pavement that is capable of regenerating itself when in contact with water and that, in addition, is made from reused tires. Get to know the story!

The invention was called Paflec (which refers to rubber flooring with self- regenerating properties) and was developed by Israel Antonio Briseño , who studied Civil Engineering at the

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Five Business Level Strategies Definition

To get an edge over your competition, a business-level strategy is needed for long-term success. It means years of deliberate activities all leading you up to the victory.

business development plan templates

Global competition has forced businesses to change how they manage at home and abroad. Additionally, the firm can study and evaluate the various reasons, adoption, and methods customers use while interacting with their mobile phones. This way, the team will know how to convey the messages and when. For instance, most people use mobile phones at night to search for services and goods at their sofas’ comfort. Therefore, the right time to pull an advert on TV or through a mobile phone in the evening hours. The use of devices varies from one international market to another due to marketing styles and the purpose of joining global markets (Melewar et al., 2007). In the USA, marketers prefer the … Read the rest

Business Development Using The CEO Plan

For example, Whole Foods Markets’ organic food stock, which includes vegetarian and vegan options, has helped the chain earn a large and loyal customer following.

business level strategies detail with commitments and actions

The Inbound Growth Blog covers all topics relating to an integrated marketing strategy. Considering Cobra Beer’s current external, internal environments, and threats, in order to improve its profit level and become more competitive, there are several strategies the company can adopt. First, it can take market penetration strategy into consideration. Market penetration refers to the corporate strategy of selling more of a company’s current products to their current customers to gain a higher market share (Meyer & Tran, 2006). This strategy is suitable for Cobra Beer since it can help Cobra Beer to take advantage of its selling point as one-of the award-winning products. Due to its nature of low risk, market penetration is also acceptable during … Read the rest