Market Forces (Journal of Management, Business and Economics, College of Management Science, PAF-KIET)
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PAKISTAN AERONAUTICAL COMPLEX PRODUCTS
Super Mushshak is a variant upgraded version of Mushshak fitted with a more powerful 260 hp engine, cockpit air-conditioning, electrical instruments, and electric cum manual elevator and rudder trim. The aircraft has been developed to meet FAR part 23 certification in categories normal, utility and aerobatics. It has spacious side-by-side cockpit giving good contact between the pilot and the co-pilot/ observer or between the student and the instructor for effective “watch me†instruction. Super Mushshak meets the requirement of a modern primary training syllabus and is an ideal basic trainer for basic flight training and instrument flying
METAPHYSICAL PRESUPPOSITIONS OF THE NEO CLASSICAL ECONOMICS PARADIGM
The extent to which neoclassical economics reflects a set of subjective values of Enlightenment thinkers, instead of objective facts, and the context in which it operates are usually neglected. We argue that neoclassical economics, has a two-fold agenda: (i) to provide a technology in order to legitimize capitalist social order according to liberal values and thereby, (ii) justify the liberal ideals of political philosophy. Thus, we strongly reject the claims of its value-neutrality. Liberal society (as legitimized by neoclassical economists) is represented by a model in which each individual exists in an isolated cell of self-interest maximization connected to the rest of society only through voluntary relationships based on exchange of goods andservices. Self-interested individuation and social harmony are seen as mutually reinforcing and, hence, harmonious. The body is seen as the primary instrument dedicated to the only legitimate objective of accumulation for its own sake. On the basis of such a model, perfect competition finds justification as a system that most nearly meets the desire for accumulation. The formation of government to organize society is undertaken by an infallible general-will of the citizens of a society. Thegovernment is supposed to provide a neutral framework within which people can pursue their own preferences based on their own conceptions of the good. The questions of ‘right preferences’ and ‘origin of production technology’ are deliberately avoided to obscure the fact that the preference for preference itself (i.e the preference for accumulation) must be prioritized within capitalist order. Policies are advocated to move the actual world to the ideal world of perfect competition
INTERVIEW of MR. VIQAR AHMED
INTERVIEW of:MR. VIQAR AHMEDGeneral Manager TrainingPakistan State OilbyRaza KamalCollege of Management SciencesPAF-Karachi Institute of Economics & Technolog
REFORMING EDUCATION AND THE EDUCATED
The purpose of education is to prepare you for the challenges ahead. You are amongst the few and most fortunate ones citizens of Pakistan to have had the opportunity to earn a degree, a tool that will make your chances of greater prosperity and well being more assured than the majority of your fellow citizens of your age who do not have such luck, In our country, as in any other country, education is a blessing and good education is a blessing with a premium
LT.GEN (RETD) PRAN PAHWA COMMAND AND CONTROL OF INDIAN NUCLEAR FORCES
While the Indian nuclear tests at Pokhran in May 1998 gave a new dimension to the “strategic culture†it also posed new challenges of devising a command and control system to ensure their effective use and safety. India has made considerable progress in missile development programme but not much has been written about the subject of nuclear command and control. It has been government policy to focus on “hard kill†weapons rather than expend funds on “ soft kill†systems like command and control whose benefits are intangible and difficult to quantify. A command and control system is however, of vital importance as it enables the leadership to analyze the threat, plan responses and above all achieve “ deterrenceâ€. Apart from this it helps to guard against accidental or inadvertent launch of nuclear weapons by laying down foolproof procedures and safety measures. Notwithstanding the cardinal importance of command and control systems, this subject remains abstract and very little material is available to researchers. The author has therefore relied mainly on the US and Russian the USSR nuclear command and control systems and has based his knowledge of the Indian command and control systems largely on assumptions and conjectures
CUSTOMER SATISFACTION AT A PUBLIC SECTOR BANK, KARACHI
IntroductionCustomer satisfaction is a mental state which results from the customer’s comparison of a) expectations prior to a purchase with b) performance perceptions after a purchase (cf. Oliver 1993, Oliver 1996, Westbrook 1987, Westbrook & Oliver 1991). A customer may make such comparisons for each part of an offer (‘‘domain-specific satisfaction’’) or for the offer in total (‘‘global satisfaction’’). Moreover, this mental state, which we view as a cognitive judgment, is conceived of as falling somewhere on a bipolar continuum bounded at the lower end by a low level of satisfaction (expectations exceed performance perceptions) and at the higher end by a high level of satisfaction (performance perceptions exceed expectations). Vol. 18, June, 84-9
MARKET SNAP SHOT: A BRAND TRACKING SURVEY
In every issue we are going to present different brands’ perceptions. This pictorial snap would be based on the five tested and validated variables of brand equity. The current issue contains the brand image of televisio
REFORMING EDUCATION AND THE EDUCATED
The purpose of education is to prepare you for the challenges ahead. You are amongst the few and most fortunate ones citizens of Pakistan to have had the opportunity to earn a degree, a tool that will make your chances of greater prosperity and well being more assured than the majority of your fellow citizens of your age who do not have such luck, In our country, as in any other country, education is a blessing and good education is a blessing with a premium
BMA CAPITAL RESEARCH GROUP PAKISTAN INVESTOR FORUM MEETINGS December 2004—February 2005
In a pioneering initiative BMA Capital Research Group is using teleconferencing and conventional meetings to bring together leading investors to discuss key developments in Pakistan’s capital markets
COMMUNICATING WITH STAKEHOLDERS
Effective communication within a business is the ability for that business to communicate clearly and efficiently with any one of its associated stakeholders. Inefficient communication can be a result of the use of a wrong communication channel for the purpose, noise interfering with the message, or weaknesses or mistakes of the company personnel making the communication. Effective communication can motivate, improve relations and ultimately return greater dividends in the long run