Exam (elaborations)
MNO3706 Assignment 3 Semester 2 2024
- Course
- MNO3706 (MNO3706)
- Institution
- University Of South Africa
MNO3706 Assignment 3 Semester 2 2024 QUESTIONS WITH COMPLETE ANSWERS
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[Company name]MNO3706
Assignment 3
Semester 2
2024
QUESTIONS WITH DETAILED ANSWERS
, MNO3706 Assignment 3 Semester 2 2024
1. Explain how a corporate’s image can be effected by accidents and injuries. (10)
2. How does accidents influence employee morale? (10)
3. What guidelines are needed by health and safety professionals to determine ethical
behaviour?
1. Explain how a corporate’s image can be affected by accidents and injuries. (10)
Impact on Corporate Image Due to Accidents and Injuries
a. Reputation Damage: Accidents and injuries can significantly tarnish a company's
reputation. Negative publicity from media coverage and social media can lead to a
perception of the company as unsafe or negligent.
b. Loss of Trust: Stakeholders, including customers, investors, and partners, may lose
trust in the company. This can result in decreased customer loyalty, withdrawal of
investment, and strained business relationships.
c. Financial Consequences: The company may face financial losses due to legal fees,
compensation claims, and increased insurance premiums. This financial strain can also
affect the company’s public image as it struggles to manage the aftermath.
d. Regulatory Scrutiny: Increased scrutiny from regulatory bodies can result in fines,
sanctions, and mandatory improvements. This can further damage the company’s
image and signal to the public that the company failed to adhere to safety standards.
e. Employee Perception: Current and potential employees may perceive the company
as an unsafe workplace. This can affect recruitment and retention, as well as overall
employee morale and productivity.
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