MCQ Bank
The first step in the risk management process is:
- A) Monitoring
- B) Identification
- C) Assessment
- D) Control
A WAN would be most useful to:
- A) Connect multiple city branches
- B) Display ads
- C) Hire new employees
- D) Operate a local retail store
TCS adopting electric vehicles is an example of:
- A) Green logistics
- B) AI forecasting
- C) Cybersecurity
- D) Digital marketing
During a trade war, Country A imposes high tariffs on goods from Country B. What is the likely impact?
- A) Removal of all trade barriers
- B) Decrease in B's exports
- C) Increase in B's exports
- D) Smoother trade
VPNs are most useful for:
- A) Enhancing office lighting
- B) Securing remote access to networks
- C) Improving SEO rankings
- D) Running advertising campaigns
What is a key challenge of implementing an MIS system?
- A) Overstaffing
- B) Resistance to change
- C) Low internet speed
- D) External competition
OLX is an example of:
- A) C2C
- B) B2G
- C) B2C
- D) B2B
CPEC is an example of:
- A) Cultural barrier
- B) Currency manipulation
- C) Infrastructure investment
- D) Environmental subsidy
The abbreviation FTA stands for:
- A) Foreign Trade Authority
- B) Fiscal Trade Adjustment
- C) Federal Tariff Association
- D) Free Trade Agreement
What is the main purpose of an MIS system?
- A) Shipping goods
- B) Supporting decision-making
- C) Running social ads
- D) Storing products
Why do nations engage in global trade?
- A) To restrict competition
- B) To reduce workforce
- C) To prevent cultural exchange
- D) To specialize and access goods efficiently
Which is a financial risk faced by businesses?
- A) Currency fluctuation
- B) Employee turnover
- C) Brand competition
- D) Fire hazards
What risk does a cybersecurity breach pose to a business?
- A) New market entry
- B) Loss of customer trust and legal issues
- C) Enhanced brand loyalty
- D) Increased sales
Which system is essential for managing students' enrollment in a university?
- A) CRM
- B) MIS
- C) ERP
- D) VPN
Which e-commerce platform allows businesses to launch stores with minimal coding?
- A) SAP
- B) Oracle
- C) OLX
- D) Shopify
How does e-commerce contribute to global trade?
- A) By helping SMEs access international markets
- B) By limiting customer access
- C) By increasing transport costs
- D) By banning cross-border shipping
Which of the following is a barrier to global trade?
- A) Free trade
- B) Comparative advantage
- C) Digital platforms
- D) Tariffs
A company tailors its advertisement campaigns for the Pakistani market by using Urdu slogans. This is an example of:
- A) Trade barrier
- B) Digital pricing
- C) Cultural customization
- D) Protectionism
Which term refers to goods purchased from other countries?
- A) Incentives
- B) Supply
- C) Capital
- D) Imports
A Pakistani SME wants to sell handicrafts globally. What platform can it use?
- A) Outlook
- B) PSX
- C) Gmail
- D) Daraz or Alibaba