Author Archives: Aban Cheema

Max Weber was a:

A. French philosopher
B. President of World Bank
C. German sociologist
D. Dutch economist

The persons with formal decision-making authority are termed as:

A. Entrepreneurs
B. Administrators
C. Leaders
D. Owners

The “Span of administration” defines the:

A. number of subordinates an administrator caneffectively direct
B. size of Admn. Wing of an organization
C. role, played by administration in achievement of goals
D. method of controlling various wings of a company

Importance of “division of work” was first time highlighted in

A. Machiavelli’s “Prince”
B. Thomas Hardy’s “Tess”
C. Plato’s “Republic”
D. Karl Marx’s “Das Capital”

Growth in the Gross National Product (GNP) is an:

A. Internal variable
B. External variable
C. Extra variable
D. none of them

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