Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Economics Expert

Technological development is taking place at a very fast rate in all the fields like mechanical metalluringical chemical electrical and civil. These days every man is surrounded by automobiles trains aeroplanes explosives noise and air pollution etc, which may cause accidents. The danger of life of human being is increasing with the advancement of scientific developments in different fields. The importance of industrial safety was realized because every year millions of industrial ascendants occur which result in either death or in temporary disablement or permanent disablement of the employees and involves large amount of loss resulting from damage to property and wasted man hours and machine hours.

Now a days serious attention is being paid to reduce the rate and severity of accident. Safety rules have been devised for each and every field to safeguard the interest of society. Hazard control and accident prevention have been considered as a basic need. Health and safety are basic desire and instinct. We believe in concept of safety, human protection and protection of nature. The benefits of accident prevention have been well understood and accepted by industries throughout the world.

Industrial safety is mainly concerned with minimizing hazards in the industries. Hazard is a state physical or chemical having potential to injure the person or impairment of health. Risk or danger arises out of hazards.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M9523008

Have any Question?


Related Questions in Business Economics

What are three ways that even every forecast model should

What are three ways that even every forecast model should be evaluated to obtain the best forecast result.

A study was conducted of pleas made by 1032 criminals among

A study was conducted of pleas made by 1,032 criminals. Among those criminals, 954 pled guilty, and 394 of them were sentenced to prison. Among the 78 of the other criminals, who pled not quilty, 58 were sentenced to pri ...

You are the sales manager supervising a sales force of

You are the sales manager supervising a sales force of three in a kitchen appliance department. You are considering changing the compensation and would like to know if there is a significant difference in sales among the ...

According to a study conducted by the department of

According to a study conducted by the Department of Pediatrics at the University of California, San Francisco, children who are injured two or more times tend to sustain these injuries during a relatively limited time, u ...

Imposing a tariff leads to the existence of two deadweight

Imposing a tariff leads to the existence of two deadweight triangles, which are the Consumption distortion and Production distortion losses. It is easy to understand why consumption distortion constitutes a loss for soci ...

With its current leverage cow copr will have a net income

With its current leverage, COW COPR will have a net income next year of $7 million. If COW CORP corporate tax rate is 30% and it pays 7% interest on its debt, how much debt can COW CORP issue this year and still receive ...

Doctor wants the estimate the hdl cholesterol of all 20 to

Doctor wants the estimate the HDL cholesterol of all 20 to 29 year old females. How many subjects are needed to estimate the HDL cholesterol within 3 points with 99% confidence assuming o=18.2? Suppose the doctor would b ...

Bullwhy hasnt health care in australia been entirely

• Why hasn't health care in Australia been entirely privatised, according to Boxall and Gillespie? • Should health care (in Australia) be wholly privatised? Do you think it will be in the future?

Get the z score and then you can answer the

Get the Z score and then you can answer the questions? Visitors to the zoo an average of 74 minutes. This is normally distributed with a standard deviation of 23 minutes. If appropriate, calculate... a. What percent of v ...

Suppose a consumer is trying to make a choice over the

Suppose a consumer is trying to make a choice over the consumption of two goods: x and y. Px = 3, Py = 4 and the income is equal to 50. Assume that the government distributes some stamps that are good to buy 5 units of g ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As