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- Quiz
- Course
- MGT211 Introduction To Business
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- PDF 451 KB
- Updated
- 23 Oct 2026
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Theme 10: Business Combinations, Chambers of Commerce and Trade Associations
Topic: Business Combinations (Mergers & Acquisitions)
1. When two or more business entities merge or unite into a single entity, it is called:
o A. Sole Proprietorship o B. Business Combination o C. Dissolution o D. Bankruptcy
Q2. Which type of business combination occurs when two companies in the same industry and stage of production merge (e.g., Jazz + Warid)?
o A. Vertical Integration o B. Horizontal Integration
o D. Joint Venture
- A combination of companies at different stages of the supply chain (e.g., a textile mill buying a cotton farm) is called:
o B. Vertical Integration
o D. Friendly Takeover
- When two companies in unrelated industries combine (e.g., a cement company buying a food company), it is known as: o A. Horizontal Merger o B. Vertical Merger
o D. Partnership
5. "Acquisition" refers to:
o A. Two companies creating a new third company
o C. Sharing profits without merging o D. Closing a business
6. A "Joint Venture" is when:
o A. One company buys another o B. Two companies create a new, jointly owned business for a specific purpose (e.g., Sony Ericsson) o C. A company goes bankrupt o D. Employees take over the company
Topic: Chambers of Commerce (General & Specific)
7. A Chamber of Commerce is primarily a:
o A. Government Department o B. Non-governmental, membership-based organization representing business interests o C. Political Party o D. Bank
Q8. Which organization is the "Apex Body" representing all chambers and trade associations in Pakistan?
o A. KCCI o B. FPCCI (Federation of Pakistan Chambers of Commerce and Industry) o C. TDAP o D. SMEDA
- The Karachi Chamber of Commerce (KCCI) is significant because Karachi contributes over _____ of Pakistan’s tax revenue. o A. 10% o B. 20% o C. 50% o D. 90%
Q10. Which Chamber of Commerce is famous for building its own International Airport (the first private airport in Pakistan)?
o A. Lahore Chamber (LCCI) o B. Sialkot Chamber (SCCI) o C. Islamabad Chamber (ICCI) o D. Quetta Chamber (QCCI)
11. The Sialkot Chamber (SCCI) is known globally for its exports of:
o A. Wheat and Rice o B. Sports Goods and Surgical Instruments o C. Cars and Trucks o D. Software
12. The Sarhad Chamber of Commerce (SCCI - KP) primarily facilitates trade with:
o A. India o B. Afghanistan and Central Asia o C. USA o D. Japan
Q13. Which Chamber represents the "Manchester of Pakistan" (Textile Capital)?
o A. Faisalabad Chamber (FCCI) o B. Gujranwala Chamber (GCCI) o C. Multan Chamber (MCCI) o D. Sialkot Chamber (SCCI)
14. Gujranwala Chamber (GCCI) represents a city famous for:
o A. Software development o B. Heavy Mechanical Complex o C. Electric Fans, Ceramics, and Sanitary Ware o D. Sports Goods
Q15. The Balochistan Chamber (BCCI) is a key player in discussions related to which major project?
o A. Orange Line Train o B. CPEC and Gwadar Port o C. Motorway M2 o D. Sialkot Airport
16. Islamabad Chamber (ICCI) is distinct because it represents:
o A. Agriculture o B. The Capital City, focusing on tech startups and diplomatic relations o C. Mining o D. Fishermen
Topic: Trade Associations & Regulatory Bodies
Q17. Which association represents the "Textile Mills" (Spinning and Weaving) of Pakistan?
o B. APTMA (All Pakistan Textile Mills Association) o C. PAMA o D. ABAD
18. P SHA stands for:
o A. Pakistan Agricultural Society and Horticulture Association o B. Pakistan Software Houses Association o C. Pakistan Steel Housing Association o D. Pakistan Sports Handling Association
Q19. Which body represents the "Automotive Manufacturers" (OEMs like Toyota, Suzuki)?
o A. PAAPAM o B. PAMA (Pakistan Automotive Manufacturers Association)
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