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Almost all the organizations in the world are running their business to produce earnings as it is critical for the endurance and progression of industry. Profit making should be observed as the core objective of business unit. Sometimes for the sake of maximum revenue/income, the entrepreneur may ...

The issue of human rights in Pakistan is a hot issue these days wobbling all the sections of the society in general and top echelons of the state in particular. Mr. John, a foreigner, visited his friend Mr. Sheraz here in Pakistan on a personal visit. Both Mr. John and Mr. Sheraz held a ...

Petrol and Compressed Natural Gas (CNG) are the essential components of every economy. Pakistan’s economy being already under pressure in past few years; has been again hit by a sharp increase in fuel prices. The current ruling government increased the price of CNG from Rs. 35/Kg to Rs.89/kg and ...

“A local shoe manufacturing organization recruits new members for its various departments in January every year. It follows its own standard pattern for this process. But this time they are shortage of new employees in the market.

Which type of decision the normal induction of employees every year ...

The Case:
Pakistan is among the major producers of sugar in the world. Let’s suppose that the
demand and supply functions of sugar industry of Pakistan are:
Qd = 5000 –2P
Qs = 200 + 4P
Over the last few years the country has experienced the worst sugar crisis. As a
result, the price of sugar has ...

In an organization, there are three managers Khalid, Yasir and Zulfiqar heading Finance, Marketing and Administration departments respectively. Employees of Finance department remain tense because they know Mr. Khalid will not spare them without official reprimand for even a minor misconduct ...

“Emergence of electronic communities”
Advent of the internet brought a radical dramatic transition which allows people to
communicate across boundaries and states. It is also affecting the socio political structure
and personal life of an individual. The emergence of electronic communities is also ...

The Case:
Amjad hussain is currently working as Regional sales manager in Telenor Pakistan. This company is paying him Rs.60, 000 per month for his services. Meanwhile he receives a job offer from Mobilink which is considered to be at the top in Pakistan’s telecommunication sector. Mobilink is ...

XYZ is a construction company that use to get project contracts from various Government departments in bidding. Should the project manager of XYZ Company try to contact the Government Officials after a project proposal has been submitted for bid? Discuss why or why not.

Suppose there are only 100 goods being produced in a country during a particular year. In the next year the same numbers of goods are produced but the statistics show an increase in the GDP of the country in that year. Can GDP of a country increase without increasing the number of goods being ...

People with degree in psychology can predict anything about other person and have the ability to interpret the actual cause and reason of the particular problem or personality trait. Do you agree/disagree with this statement? Justify your answer.

“Primark is rapidly growing brand that provides consumers with value-for money fashion items. The company has an effective supply chain, bringing together manufacturing units in different third world countries of the world and retail outlets in UK and Europe.
Intense competition and the growing ...

“Cost & Management Accounting (MGT402)”

“Cost of Goods Sold”
Izhar Corporation is a manufacturing company which deals in furniture
manufacturing. They use job order costing system for costing the goods. The
company is a market leader and having good repute in the market. Its labor turnover
is ...

"Crown Motor Company has launched a new car in market that faced the problem of fuel tank explosion at a speed of 120KM/HR and a lot of casualties were reported due to the same problem. The company got two choices. Either to call back the cars delivered in the market to repair and fix the problem or ...