Healthcare Management

The Principles of Scientific Management

Scientific management, also known as Taylorism, is a management approach developed by Frederick Winslow Taylor in the early 20th century. It aimed to improve efficiency and productivity in industrial settings by applying scientific methods to work processes. Taylor’s ideas had a significant impact on the field of management and laid the foundation for modern management …

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Cloud Computing

Case study & questions answers for MBA | MMS | MHA & Other professional courses. COMPT_PREP is an Educational Institute which helps the aspirants to prepare for Engineering and Medical Exams. They have around 20 branches across the country. The aspirant’s base is exploding on a Year-on-Year basis. Suggest a Cloud Solution strategy to help …

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ERP – Enterprise Resource Planning

What is an ERP? ANSWER: ERP stands for Enterprise Resource Planning. It refers to a software system that integrates various business functions and processes within an organization into a centralized system. The primary goal of ERP is to streamline and automate business operations, improve efficiency, and provide real-time data for informed decision-making. An ERP system …

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RACI MATRIX

The RACI Matrix is a project management tool used to define and clarify roles and responsibilities within a project or organizational process. RACI stands for Responsible, Accountable, Consulted, and Informed. The matrix helps to clearly outline who is responsible for each task, who is accountable for its successful completion, who needs to be consulted for …

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Masters in Hospital Administration

The Master of Hospital Administration (MHA-Hospital) degree aims to create a cadre of qualified managers for the sector’s burgeoning hospital market. The need for a new category of healthcare professional—the hospital manager—comes about as hospitals become increasingly complex technical environments that employ people with widely varying skill sets. This efficiency requirement must be met without …

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INDIFFERENCE CURVE ANALYSIS

Economists like Hicks, Allen, Samuelson’s, Edgeworth etc. have criticized the utility analysis on the following grounds: •Utility is subjective.•Indivisible Goods.•Goods are not independent.•Marginal Utility of Money is not Constant.•Cardinal Measurement is not Possible.•Consumer is not so calculative.•Income Effect of Price change Ignored INTRODUCTION OF INDIFFERENCE CURVE IC analysis is a modern method to analyze consumer’s …

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Hospital / Healthcare Management

MBA in Hospital Management or MBA in Healthcare Management is becoming prominence in recent times. This specialisation is three year bachelor or graduate degree and  a two-year post-graduation program that is offered in many colleges across India and abroad. The Hospital Management course trains the students for varied managerial and administrative profiles at a hospital or a …

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