100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
MNO3706 Assignment 3 Semester 2 Due September 2024 (Detailed solution) R50,06   Add to cart

Exam (elaborations)

MNO3706 Assignment 3 Semester 2 Due September 2024 (Detailed solution)

 12 views  0 purchase

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

Preview 2 out of 8  pages

  • August 28, 2024
  • 8
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
book image

Book Title:

Author(s):

  • Edition:
  • ISBN:
  • Edition:
All documents for this subject (13)
avatar-seller
GeniusGears
MNO3706


Assignment 3


Semester 2


2024

, 1. How a Corporate’s Image Can Be Affected by Accidents and Injuries
1. Public Perception: Accidents often draw media attention, which can lead to
negative publicity. If a company is seen as negligent or failing to ensure
employee safety, it can damage its reputation. For instance, frequent
workplace accidents might suggest a lack of adequate safety measures or
poor management.


2. Consumer Trust: Consumers are increasingly conscious of corporate
responsibility. An accident, especially if it results in severe harm or fatalities,
can erode consumer trust. Customers may choose to avoid products or
services from a company perceived as unsafe or unethical.


3. Legal Repercussions: Legal consequences stemming from workplace
accidents, such as fines or lawsuits, can further tarnish a company’s image.
Legal battles can be publicized, portraying the company in a negative light
and highlighting deficiencies in its safety protocols.


4. Financial Impact: The financial burden from accidents, including
compensation claims, increased insurance premiums, and legal costs, can be
substantial. These financial strains can affect public perception, suggesting
mismanagement or instability.


5. Employee Recruitment and Retention: A company with a poor safety record
may struggle to attract and retain skilled employees. Prospective employees
are likely to avoid companies with a reputation for unsafe working conditions,
which can affect overall productivity and innovation.


6. Investor Confidence: Investors may view frequent accidents as a sign of poor
management and increased risk, which could lead to decreased investment
and lower stock prices. Companies that are perceived as unsafe may also
face difficulties in securing funding for future projects.


7. Brand Value: Long-term damage to a company’s brand value can occur if
accidents are recurring or severe. Rebuilding a damaged image often requires
significant time and resources, and some reputational damage may be
irreversible.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying this summary from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller GeniusGears. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy this summary for R50,06. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

78998 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy summaries for 14 years now

Start selling

Recently viewed by you


R50,06
  • (0)
  Buy now