Breakthrough Intl Bible University - Management, Finance, And Logistics Exam

Reviewed by Editorial Team
The ProProfs editorial team is comprised of experienced subject matter experts. They've collectively created over 10,000 quizzes and lessons, serving over 100 million users. Our team includes in-house content moderators and subject matter experts, as well as a global network of rigorously trained contributors. All adhere to our comprehensive editorial guidelines, ensuring the delivery of high-quality content.
Learn about Our Editorial Process
| By Breakthroughuniversity
B
Breakthroughuniversity
Community Contributor
Quizzes Created: 20 | Total Attempts: 7,200
| Attempts: 157 | Questions: 10
Please wait...
Question 1 / 10
0 %
0/100
Score 0/100
1. A manager's role is primarily confined to

Explanation

The correct answer is "Plan, implement, coordinate, monitor and evaluate." This answer accurately describes the primary responsibilities of a manager. Managers are responsible for planning and setting goals, implementing strategies and initiatives, coordinating and organizing tasks, monitoring progress and performance, and evaluating outcomes. These activities are essential for effective management and ensuring the success of a team or organization.

Submit
Please wait...
About This Quiz
Breakthrough Intl Bible University -  Management, Finance, And Logistics Exam - Quiz

This exam is designed to test your proficiency in the topics of Management, Finance, and Logistics.

Tell us your name to personalize your report, certificate & get on the leaderboard!
2. Leadership focuses on

Explanation

Leadership is about having a clear vision for the future and inspiring others to share and work towards that vision. It involves setting goals, creating a roadmap, and motivating and aligning individuals towards achieving those goals. By enrolling people to the vision, leaders can effectively communicate the direction, purpose, and values of the organization, fostering commitment and engagement among team members. This approach encourages innovation, growth, and adaptability, enabling the organization to thrive in a dynamic and ever-changing environment.

Submit
3. The objective of good negotiation should be which one of the following outcomes?

Explanation

The objective of good negotiation should be to achieve a win-win outcome where both parties involved in the negotiation feel satisfied with the agreement reached. This means that both parties are able to achieve their desired outcomes and reach a mutually beneficial solution. It involves finding common ground, compromising, and seeking solutions that meet the needs and interests of both parties. A win-win outcome promotes cooperation, fosters positive relationships, and ensures long-term success and sustainability.

Submit
4. If we use the concept of quality in medical services

Explanation

By using the concept of quality in medical services, it ensures that the right treatments are given to the right patients the first time and every time. This means that there would be a focus on accuracy and precision in diagnosing and treating patients, reducing the chances of errors or misdiagnoses. This would lead to improved patient outcomes and satisfaction. Additionally, by fulfilling all the requirements under the law, it ensures that the medical services provided are in compliance with regulations and standards, further enhancing the quality and safety of care. This would also boost the morale of doctors, knowing that they are providing high-quality care. Ultimately, by delivering high-quality care, it may lead to a reduction in the number of patients needing treatment, as preventive measures and effective treatments can help prevent or manage illnesses more efficiently.

Submit
5. Health programs

Explanation

Health programs require proper classifications of costs because it is important to accurately identify and allocate costs to different components of the program. This allows for better financial planning, budgeting, and monitoring of expenses. Proper cost classifications also help in evaluating the cost-effectiveness of the program and making informed decisions regarding resource allocation. Without proper classifications, it would be difficult to track and analyze the specific costs associated with different aspects of the program, hindering effective financial management.

Submit
6. In negotiating, the skills that are most important are

Explanation

In negotiating, clarifying is the most important skill because it helps to ensure clear communication and understanding between all parties involved. By clarifying the terms, goals, and expectations, negotiators can avoid misunderstandings and conflicts. This skill allows negotiators to ask questions, seek clarification, and confirm their understanding of the proposal or situation. It also helps in identifying any potential issues or concerns that need to be addressed. Overall, clarifying plays a crucial role in effective negotiation by promoting transparency, trust, and effective problem-solving.

Submit
7. A budget for Health Programs is made with a purpose to

Explanation

The purpose of creating a budget for Health Programs is to plan resources effectively. By having a budget in place, organizations can allocate funds and resources in a strategic manner, ensuring that they are utilized efficiently to support various health initiatives. This helps in optimizing the use of available resources and ensures that the necessary funding is allocated to different programs based on their priority and importance.

Submit
8. Which statement is correct?

Explanation

The correct answer is "A budget is an outcome of a strategic plan." This means that a budget is the result or product of a strategic plan. A strategic plan outlines the goals and objectives of an organization, and a budget is then created to allocate resources and finances in order to achieve those goals. The budget is based on the strategic plan and serves as a financial roadmap for the organization's activities and operations.

Submit
9. Performance of logistics management can be viewed in two contexts

Explanation

The performance of logistics management can be evaluated in terms of trouble prevention and opportunity maximization. This means that a successful logistics management system should focus on preventing any issues or troubles that may arise in the supply chain, while also seeking to maximize opportunities for improvement and growth. By proactively addressing potential problems and capitalizing on opportunities, logistics management can effectively optimize the overall performance and efficiency of the supply chain.

Submit
10. Marginal cost can best be defined as

Explanation

Marginal cost refers to the additional cost incurred in producing one more unit of output. It represents the change in total cost when one additional unit is produced. This cost includes both variable costs (such as raw materials and labor) and any additional fixed costs (such as equipment or machinery) that are necessary to produce the extra unit. By understanding the marginal cost, producers can make informed decisions about the optimal level of production and pricing to maximize profitability.

Submit
View My Results

Quiz Review Timeline (Updated): Jan 31, 2023 +

Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

  • Current Version
  • Jan 31, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Sep 23, 2018
    Quiz Created by
    Breakthroughuniversity
Cancel
  • All
    All (10)
  • Unanswered
    Unanswered ()
  • Answered
    Answered ()
A manager's role is primarily confined to
Leadership focuses on
The objective of good negotiation should be which one of the following...
If we use the concept of quality in medical services
Health programs
In negotiating, the skills that are most important are
A budget for Health Programs is made with a purpose to
Which statement is correct?
Performance of logistics management can be viewed in two contexts
Marginal cost can best be defined as
Alert!

Advertisement