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

A LAN is best suited for:

• A) Connecting devices within one office
• B) Setting up social media
• C) Connecting global offices
• D) Running TV ads

Why is accounting called the "language of business"?

• A) Because it provides financial transparency
• B) Because it uses English
• C) Because it involves marketing
• D) Because it manages IT systems

A tech firm introduces a basic version of its app for free and charges for premium features. This is:

• A) Psychological pricing
• B) Value-based pricing
• C) Freemium model
• D) Promotional pricing

How do grants benefit businesses?

• A) They increase ownership control
• B) They don’t require repayment
• C) They require profit-sharing
• D) They offer loans at low interest

What is the key principle that Islamic finance prohibits?

• A) Interest (Riba)
• B) Profit-making
• C) Risk-sharing
• D) Asset-backing