Question : Case Study 18:
LMN Corporation is a conglomerate planning to diversify its operations by entering the healthcare industry.
Question :
LMN Corporation is diversifying into the healthcare industry. Which market activity would be related to this diversification?
Option 1: Currency swap
Option 2: Equity share issuance
Option 3: Mergers and acquisitions
Option 4: Treasury bill trading
Correct Answer: Mergers and acquisitions
Solution : The correct answer is (c) Mergers and acquisitions
Diversifying into the healthcare industry often involves strategic moves like mergers and acquisitions, where LMN Corporation may acquire existing healthcare businesses or merge with healthcare-related companies to expand its operations and presence in this new sector. Mergers and acquisitions are common strategies for corporations looking to enter new markets and diversify their business portfolio.
Answer laterQuestion : What is a major problem of health infrastructure in India?
Option 1: Lack of skilled healthcare professionals
Option 2: Excessive availability of healthcare facilities
Option 3: Overutilization of resources
Option 4: Abundant supply of medicines
Correct Answer: Lack of skilled healthcare professionals
Solution : The correct answer is (A) Lack of skilled healthcare professionals
A major problem of health infrastructure in India is the lack of an adequate number of skilled healthcare professionals. Despite significant progress in recent years, there is still a shortage of doctors, nurses, and other healthcare workers in many parts of the country, particularly in rural areas. This scarcity of skilled professionals hampers the effective delivery of healthcare services and creates disparities in access to quality care.
The lack of skilled healthcare professionals negatively impacts the quality and accessibility of healthcare services in India. It leads to longer waiting times, overcrowded hospitals, and compromised patient care. Addressing this problem requires efforts to increase the number of healthcare professionals, improve their distribution across regions, enhance the quality of medical education and training, and provide better incentives and working conditions to attract and retain skilled professionals in underserved areas.
Question : Case Study 18:
LMN Corporation is a conglomerate planning to diversify its operations by entering the healthcare industry.
Question :
LMN Corporation is diversifying into the healthcare industry. Which market activity would be related to this diversification?
Option 1: Currency swap
Option 2: Equity share issuance
Option 3: Mergers and acquisitions
Option 4: Treasury bill trading
Correct Answer: Mergers and acquisitions
Solution : The correct answer is (c) Mergers and acquisitions
Diversifying into the healthcare industry often involves strategic moves like mergers and acquisitions, where LMN Corporation may acquire existing healthcare businesses or merge with healthcare-related companies to expand its operations and presence in this new sector. Mergers and acquisitions are common strategies for corporations looking to enter new markets and diversify their business portfolio.
Question : Read the passage and answer the following questions.
IIT Delhi researchers have designed and fabricated a device that can generate electricity from water drops, raindrops, water streams, and even from ocean waves using "Triboelectric Effect" and "Electrostatic Induction". The device is called "Liquid-solid Interface Triboelectric Nanogenerator". The generated electricity can be stored in batteries for further use. Triboelectric effect is a known phenomenon for a long time, and in this effect, charges are generated when two surfaces are in friction. The best example we see are sparkling lights when we move the blankets/jackets.
The device has a very simple structure consisting of specially designed nanocomposite polymers and contact electrodes and can generate a few Milliwatt mW power, which is sufficient to power small electronic devices like watches, digital thermometers, radio frequency transmitters, healthcare sensors, pedometers. When compared to conventional methods, such as the use of the piezoelectric effect, the present device can generate significantly more electricity.
The researchers successfully incorporated nanostructures into a polymer matrix, which enhanced the film's surface roughness, polarizability, and hydrophobicity, among other characteristics, as a result. Due to the enhancement in the above property, the flexible film is used to fabricate the device where raindrops have just to slide down and can generate electricity. The artificially created rough surface allows to generate more charge and superhydrophobic properties of the solid surface help to roll the water drop without getting stick to the surface.
The IIT Delhi research team also explored the underlying mechanism of the electricity generated when the water drop comes in contact with the solid surface and it is shown that saline water drops generate more electricity. The researchers also showed that the device can even work with ocean waves, where the water is saline, and through the ocean waves contacting the surface of nanocomposite polymer film, electricity is generated.
Question:Name the electronic devices which can be powered with the device mentioned in the passage:
1. Watches
2. Pedometers
3. Refrigerators
4. Radio Frequency Transmitters
Option 1: Only 1 and 2
Option 2: All 1,2,3, and 4
Option 3: Only 3 and 4
Option 4: Only 1,2 , and 4
Correct Answer: Only 1,2 , and 4
Solution : The correcrt option is 4 i.e "Only 1, 2, and 4."
Explanation:
Let's refer to the following lines of the passage:
The device has a very simple structure consisting of specially designed nanocomposite polymers and contact electrodes and can generate a few Milliwatt (Mw) power, which is sufficient to power small electronic devices like watches, digital thermometers, radio frequency transmitters, healthcare sensors, pedometers.
The above statement clearly mention the watches, pedometers and radio frequency transmitters.
Question : Assertion: The private sector's involvement in healthcare can improve service quality and increase accessibility.
Reason: Private healthcare providers can bring in investments and innovative practices.
Option 1: Both assertion and reason are correct, and the reason is the correct explanation of the assertion.
Option 2: Both assertion and reason are correct, but the reason is not the correct explanation of the assertion.
Option 3: Assertion is correct, but the reason is incorrect.
Option 4: Assertion is incorrect, but the reason is correct.
Correct Answer: Both assertion and reason are correct, and the reason is the correct explanation of the assertion.
Solution : The correct answer is (a) Both assertion and reason are correct, and the reason is the correct explanation of the assertion.
The assertion states that the private sector's involvement in healthcare can improve service quality and increase accessibility, which is correct. The private sector, including private healthcare providers, pharmaceutical companies, and medical technology firms, can contribute to improving the healthcare sector in various ways. Private healthcare providers often bring in investments that can be used to enhance infrastructure, acquire advanced medical technologies, and expand healthcare facilities. They also tend to introduce innovative practices and business models that can lead to improved service quality, efficiency, and patient experience. Additionally, private sector participation can create competition in the healthcare market, which can incentivize improvements in service delivery and overall healthcare system performance.
The reason provided states that private healthcare providers can bring in investments and innovative practices, and this is the correct explanation of the assertion. Private sector involvement in healthcare can bring financial resources through investments, which can be used to modernize healthcare infrastructure, upgrade medical equipment, and attract skilled healthcare professionals. Private providers are often driven by profit incentives, which can encourage them to introduce innovative practices to attract more patients, streamline processes, and deliver high-quality care. These innovative practices can lead to advancements in medical technology, new treatment approaches, and improved healthcare delivery models.
Therefore, both the assertion and reason are correct, and the reason serves as the correct explanation for why the private sector's involvement in healthcare can improve service quality and increase accessibility.
Question : Assertion: Pakistan has a higher infant mortality rate compared to India and China.
Reason: Greater access to healthcare facilities and awareness about proper healthcare practices contribute to high infant mortality in Pakistan.
Option 1: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
Option 2: Both assertion and reason are true, but the reason is not the correct explanation of the assertion.
Option 3: Assertion is true, but the reason is false.
Option 4: Assertion is false, but the reason is true.
Correct Answer: Assertion is true, but the reason is false.
Solution : The correct option is:
c) Assertion is true, but the reason is false.
The assertion is true. Pakistan does indeed have a higher infant mortality rate, which is the number of deaths of infants under one year of age per 1,000 live births, compared to India and China.
However, the reason provided is false. Greater access to healthcare facilities and awareness about proper healthcare practices are more likely to contribute to lower infant mortality rates rather than higher rates. Countries with better access to healthcare services and increased awareness about proper healthcare practices tend to have lower infant mortality rates. Therefore, the reason does not provide a correct explanation for the higher infant mortality rate in Pakistan.
Therefore, the assertion is true, but the reason is false.
Question : Which health infrastructure component focuses on preventive measures?
Option 1: Primary healthcare centers
Option 2: Tertiary hospitals
Option 3: Mobile clinics
Option 4: Medical colleges
Correct Answer: Primary healthcare centers
Solution : The correct answer is (A) Primary healthcare centers
Primary healthcare centers are a key component of health infrastructure that focuses on providing primary and preventive healthcare services. These centers are often the first point of contact for individuals seeking healthcare, and they play a crucial role in promoting preventive measures, health education, vaccinations, early detection of diseases, and basic healthcare services. Primary healthcare centers are typically located in local communities and serve as the primary access point for healthcare services, addressing the healthcare needs of individuals and promoting overall population health.
Question : The term "e-waste" refers to:
Option 1: Waste generated by electronic devices
Option 2: Waste generated by industrial processes
Option 3: Waste generated by healthcare facilities
Option 4: Waste generated by construction activities
Correct Answer: Waste generated by electronic devices
Solution : The correct answer is (A) Waste generated by electronic devices.
The term "e-waste" refers to electronic waste, which includes discarded or obsolete electronic devices. These devices can include computers, laptops, smartphones, tablets, televisions, printers, refrigerators, and other electrical or electronic equipment. E-waste may also include components and parts of these devices.
E-waste is a growing concern due to the rapid advancement of technology, leading to shorter product lifecycles and increased electronic consumption. Improper disposal of e-waste can have harmful environmental and health impacts. Many electronic devices contain hazardous materials such as lead, mercury, cadmium, and flame retardants, which can contaminate soil, water, and air if not managed properly.
Proper management of e-waste involves recycling and responsible disposal to recover valuable materials and prevent environmental pollution. Recycling e-waste allows for the recovery of valuable metals and other components, reducing the need for raw material extraction and minimizing the environmental impact of electronic devices.
Question : Statement 1: India has a higher average life expectancy compared to Pakistan.
Statement 2: Improved healthcare infrastructure and access to medical facilities have contributed to higher life expectancy in India.
Option 1: Statement 1 is true, Statement 2 is true, and Statement 2 is the correct explanation of Statement 1.
Option 2: Statement 1 is true, Statement 2 is true, but Statement 2 is not the correct explanation of Statement 1.
Option 3: Statement 1 is true, Statement 2 is false.
Option 4: Statement 1 is false, Statement 2 is true.
Correct Answer: Statement 1 is true, Statement 2 is true, and Statement 2 is the correct explanation of Statement 1.
Solution : The correct answer is (a) Statement 1 is true, Statement 2 is true, and Statement 2 is the correct explanation of Statement 1.
Statement 1 is true. India indeed has a higher average life expectancy compared to Pakistan. As of my knowledge cutoff in September 2021, India's average life expectancy was around 69 years, while Pakistan's was around 67 years, according to World Bank data.
Statement 2 is also true. Improved healthcare infrastructure and access to medical facilities have contributed to higher life expectancy in India. Over the years, India has made significant progress in improving its healthcare system, including the expansion of medical facilities, advancements in healthcare technologies, and increased access to healthcare services. These improvements have positively impacted life expectancy in the country.
Therefore, Statement 1 is true, Statement 2 is true, and Statement 2 is the correct explanation of Statement 1.
Question : Case Study: MNO Healthcare Solutions (Continued)
In the planning process for expansion, what should MNO Healthcare Solutions do after identifying various courses of action?
Option 1: Evaluating alternative courses of action
Option 2: Identifying potential risks
Option 3: Setting objectives and goals
Option 4: Allocating resources
Correct Answer: Evaluating alternative courses of action
Solution : The correct answer is (a). Evaluating alternative courses of action
This involves assessing the feasibility, advantages, disadvantages, and potential outcomes associated with each course of action. By conducting a comprehensive evaluation, the company can make an informed decision on the most suitable and effective approach for its expansion. This step is crucial for ensuring that the chosen expansion strategy aligns with the company's objectives and maximizes the chances of success.
