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Comparison of performance with established goals is part of:

A. Planning
B. Organizing
C. Leading
D. Controlling

More output with less input is:

A. Cost efficacy
B. Management
C. Leadership
D. Project planning

With attainment of G + Status in E.U; whichsector of Pakistan’s economy is likely to improve:

A. Telecom
B. Automobile
C. Textile
D. Oil and gas

Excessive fall in prices resulting reduction in profits is called:

A. Inflation
B. Reflation
C. Stagflation
D. Deflation

The establishment of an “International Monetary Fund” in 1944 was the outcome of

A. Bretton woods agreement
B. Truman doctrine
C. Warsaw-pact
D. Tehran conference

The “Theory of Population” was propounded by

A. John calvin
B. Sigmund freud
C. Tnomas robert malthus
D. Michael faraday

The principal meri/merits of a Joint-stock company is that:

A. Large capital can be raised
B. Limitation of liability enables new risks to betaken
C. Shares are transferable
D. All of them

The person who plays the role of co-ordinating and co-relating the factors of production is called:

A. Businessman
B. Investor
C. Entrepreneur
D. Capitalist

That part of a person’s wealth which is used in producing further wealth is called:

A. Capital
B. Investment
C. Equity
D. Money

The “Factors of Production” are:

A. Land and labour
B. Capital and organisation
C. All of them
D. None of them

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