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You are the new safety director. The CEO and CFO called you into the office and said, "Hi, welcome to the company and what was your name again? And by the way, we haven't had an accident loss here for over 25 years. Our operation was and remains safe. So, why spend money on more safety stuff that doesn't appear to be needed?" Briefly include some of the program and global elements and considerations for a safety program and risk management.
What would a justifiable statement sound like if explaining the need for a safety program? Your response should be professional, succinct, objective and in terms (economics?) a CEO and CFO might understand.
Your papers must demonstrate a comprehension of the issue based on facts, not opinion. Facts may be from the course or other stated references. Opinions must be corroborated by references.
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
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