The process of gathering data and developing assumptions about the future, is:

• A. Anticipating
• B. Planning
• C. Leading
• D. Forecasting

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