MGT211 Quiz 4

Q1. Making a strong statement at the beginning of a report may be misconstrued as arrogance.

1. False
2. True

Correct answer: True

Q2. Which of the following is a barrier to global trade?

1. Digital platforms
2. Comparative advantage
3. Tariffs
4. Free trade

Correct answer: Tariffs

Q3. Why is accounting called the "language of business"?

1. Because it manages IT systems
2. Because it provides financial transparency
3. Because it uses English
4. Because it involves marketing

Correct answer: Because it provides financial transparency

Q4. A startup sells shares to angel investors. This is an example of:

1. Debt financing
2. Equity financing
3. Internal financing
4. Leasing

Correct answer: Equity financing

Q5. CPEC is an example of:

1. Currency manipulation
2. Infrastructure investment
3. Cultural barrier
4. Environmental subsidy

Correct answer: Infrastructure investment

Q6. A company tailors its advertisement campaigns for the Pakistani market by using Urdu slogans. This is an

1. Trade barrier
2. Digital pricing
3. Cultural customization
4. Protectionism

Correct answer: Cultural customization

Q7. What does SECP stand for in Pakistan?

1. Securities Exchange Credit Portfolio
2. Securities and Exchange Commission of Pakistan
3. Stock Exchange and Capital Planning
4. South East Credit Partners

Correct answer: Securities and Exchange Commission of Pakistan

Q8. A Pakistani SME wants to sell handicrafts globally. What platform can it use?

1. PSX
2. Daraz or Alibaba
3. Outlook
4. Gmail

Correct answer: Daraz or Alibaba

Q9. Which model includes demand conditions and industry rivalry?

1. Mercantilism
2. Porter’s Diamond Model
3. Gravity Model
4. Heckscher-Ohlin

Correct answer: Porter’s Diamond Model

Q10. What is a quota in global trade?

1. Government subsidy
2. Limit on quantity of imports
3. Bonus for exporters
4. Tax on exported goods

Correct answer: Limit on quantity of imports

Q11. Which country is known for having a competitive advantage in oil exports?

1. Saudi Arabia
2. Pakistan
3. Japan
4. Germany

Correct answer: Saudi Arabia

Q1. How does e-commerce contribute to global trade?

1. By limiting customer access
2. By helping SMEs access international markets
3. By increasing transport costs
4. By banning cross-border shipping

Correct answer: By helping SMEs access international markets

Q2. A Pakistani SME wants to sell handicrafts globally. What platform can it use?

1. Daraz or Alibaba
2. PSX
3. Gmail
4. Outlook

Correct answer: Daraz or Alibaba

Q3. Which country is known for having a competitive advantage in oil exports?

1. Japan
2. Germany
3. Saudi Arabia
4. Pakistan

Correct answer: Saudi Arabia

Q4. What impact do MNCs have on local economies?

1. Only negative
2. Bring technology and create jobs
3. Prevent trade
4. Increase tariffs

Correct answer: Bring technology and create jobs

Q5. A company needs cash to buy Eid stock and pays back in 30 days. What should it use?

1. Mudarabah loan
2. Equity share
3. Long-term bond
4. Trade credit

Correct answer: Trade credit

Q6. What is Mudarabah in Islamic finance?

1. A gambling-based investment
2. An interest-bearing loan
3. A leasing contract
4. A risk-sharing profit arrangement

Correct answer: A risk-sharing profit arrangement