بھٹو کیوں زندہ ہے ؟
یہ محبت کی کہانی نہیں مرتی لیکن
لوگ کردار نبھاتے ہوئے مر جاتے ہیں
Karen Armstrong is a well-known prolific writer on Christianity, Islam, and Prophet Muhammad. She appears in her writings very much objective. In her books on the Las Prophet (s. a. w.) “Muhammad: A Biography of The Prophet and “Muhammad: A Prophet for Our Times” she generally appears to be attempting, unlike many Orientalists, to creat soft image of the Last Prophet (s. a. w.) . Methodologically he works may be considered highly appreciable but from historical angle she seems to have distorted certain evidenc related to the Last Prophet (s. a. w.) . The basic reason for such lapse in her books is that she did not consult the original and basic authentic sources of Islamic history. This articl analyses where she faltered in her presentation of historica truths concerning the Last Prophet (s. a. w.) .
The study was primarily a quantitative and causal research. Its basic objective was to find out the nature and degree of macroeconomic factors that influence the performance of automobile industry in Pakistan from 1995 to 2010. The independent variables included per capita Gross National Income, Inflation Rate, Exchange Rate, Discount Rate, Unemployment Rate, Consumption Rate and Foreign Direct Investment. A sample of 10 firms was selected to explore the influence of macroeconomic variables on the performance of the firms and industry. The performance of the automobile industry was represented by Annual Sales, Annual Profit, Return on Assets, Return on Equity and Net Profit Margin. The impact of selected predictors was explored on five dependent variables of the industry. For this purpose, regression and correlation analysis was conducted to see the impact of macroeconomic variables on the performance of entire automobile industry. The panel data analysis revealed that Foreign Direct Investment was the most influential factor. In addition to this, Consumption rate, Discount rate and Unemployment rate also influenced the performance of automobile industry. Besides the analysis of entire industry, the impact of macroeconomic variables on the performance of individual firms was also studied. The analysis showed that the performance of all of the selected firms was influenced by one or more variables. Foreign Direct Investment appeared to be the most influential factor that helped improve the performance of firms in terms of sales and profitability. Other influential elements were Exchange rate, Consumption rate, Discount rate, Per Capita Gross National Income and Inflation rate. However, Unemployment rate appeared to be insignificant as its effect was almost negligible on the progress of individual firms. Therefore, this was concluded that the selected macroeconomic variables had significant impact on the performance of automobile industry in Pakistan from 1995 to 2010.