Narayan Memorial Hospital Corporate Head Interview Questions and Answers

Q1. Your proper introduction..
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Q2. Work experience if any.
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Q1. What are the dynamics of Human Resources (HR) in a hospital setting?
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Q2. NABH Standards
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Q1. Knowledge of end to end operations is mandatory
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Q2. How to reduce material cost
Ans. 
Reduce material cost by optimizing procurement, minimizing waste, and improving production efficiency.
• Analyze procurement process to identify cost-saving opportunities

• Negotiate with suppliers for better pricing and terms

• Implement lean manufacturing principles to minimize waste

• Improve production efficiency through automation and process optimization

• Explore alternative materials or suppliers

• Reduce product complexity to s
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Q3. How to improve contribution margin
Ans. 
To improve contribution margin, focus on increasing revenue and reducing variable costs.
• Increase prices or sales volume

• Reduce direct material or labor costs

• Improve production efficiency

• Eliminate unprofitable products or services

• Implement cost-saving measures

• Negotiate better supplier contracts
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Q1. Inventory analysis
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Q2. Defination of Break even point
Ans. 
Break even point is the point at which total revenue equals total costs, resulting in neither profit nor loss.
• Break even point is where total revenue equals total costs.

• It is the point where a company neither makes a profit nor incurs a loss.

• It helps in determining the level of sales needed to cover all costs.

• Formula: Break Even Point = Fixed Costs / (Selling Price per Unit - Variable Costs per Unit)

• Example: A company ...read more
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Confidence level
Pressure handling
Team building attitude
Identification of Goal

Q1. Why you want to change your job
Ans. 
Seeking new challenges and growth opportunities in a larger organization.
• Looking for career advancement

• Interested in taking on more responsibilities

• Seeking a more dynamic work environment

• Want to learn new skills and expand my knowledge

• Hoping to work with a larger team and gain new perspectives
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