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Question 1:
(a) The accident rate of two companies of similar size and producing identical product is found to differ. Explain possible reasons for this difference.
(b) The reliability of a safety critical system depends on a single component.
i) Outline ways of reducing the likelihood of failure of the component. Describe additional ways to increase the reliability of the safety critical system.
Question 2:
(a) Define the term ‘safety culture'.
(b) Outline the range of organisational issues that may act as barriers to the improvement of the safety culture of an organisation.
(c) An organisation has decided to adopt a self regulatory model for its health and safety management system. Explain the:
i) Benefits,
ii) Limitations of self regulation in connection to the management of health and safety.
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what is the definition for stock exchange
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