1. Healthcare operations management

2. 16 marks/2 marks 1.Outline the essence of health economics 2.Differentiate between macro and micro economics 3.Explain National income 4.What is Human Development Index 5.Explain Law of demand 6.Define the term cost 7.Explain the various classifications of cost 8.Expain semi variable costs 9.What is PV ratio.Expain the significance 10.What is BEP analysis

3. 16 marks/2 marks 11.Define budget 12.Expalin zero base budgeting 13.What is budgetary control. Explain the objectives 14.What are the objectives of financial management 15.What are the functions of a finance manager 16.What is break even point 17.Differences between cost control and cost reduction 18.Explain balance of trade and balance of payment.

4. 16 marks/2 marks 19. A plant is operating currently 50% capacity. The sales at the present capacity is 1000 units. The selling price per unit is Rs 100.Direct material costs are Rs 50 per unit and labour cost Rs 20 per unit. The fixed cost is Rs 25000/annum. Prepare a profitability statement for 50%,80% and 100%operating capacity

5. 16 marks/2 marks 21.The following relate to a particular period: SalesRs 2, 00,000 Variable cost: Direct material-Rs 60,000, Direct labour-Rs 40,000,Variable overheads-Rs 20,000 Fixed cost-Rs 40,000.Calculate:- (a) PV ratio (b) Sales to earn a profit of Rs 80,000 and (c) Profit at a sale of Rs 4, 00,000