Question

13. If an investment of $5,000 is needed to correct a hazard that is certain to cause an accident within one year, and the employer would realize a total cost of $25,000 to cover the accident, what would be the Return on Investment (ROI)? (ROI = (COST : INVESTMENT) X 100) 50 percent 250 percent 500 percent 2,500 percent 14. What process is used to overcome the weakness inherent in safety inspections? Observation Incident investigation Job Hazard Analysis (JHA) O a Safety committee meeting 15. The tells everyone what you do and the lets everyone know who you are. mission statement; vision statement vision statement; mission statement o oo safety management system; company policy

Answer 1

13 Invest ment = $5000 Cost $25,000 ROI = ( cost investment) x 100 X100 5000 25000 Ars = 500 percent ☺ Job Hazard Analysis process is used to overcome the weakness inherent in safety inipcetion. The mission statement talks croyone what you do and the vision statement lets know who you (15 everyone are