1.SHORT ANSWER QUESTIONS

Do any five?

Q 01: Is there a difference between rule utilitarianism & act utilitarianism? What are main problems with this theory in real life situation as measuring of happiness?

Q 02: Define difference between monopolistic and perfect competition with special reference to price, profit and cost variety?

Q 03: How do oligopolies works? Give one example of each?How is the market structure different on the base of brand loyalty and price value?

Q 04: What are manufacturer's duties in Due care theory? Define buyer's right and consumer's risk?

Q 05: What are latest evidences of beginning to outgrow the capacity of the earth's natural system? Define any two?

Or

What are Dimensions of pollution? Define any one with its trends and effects or risk for Environment?

Q6: How does Islam places the highest emphasis on Ethical values in business paradigm with its Principals? Explain its worthy contribution with special reference to

i) Fair treatment of Workers.

ii) Prohibited matters in Business Transactions