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goldenfox [79]
2 years ago
11

After a reported accident on the production line at Clearwater Electronics, an inspection was conducted in accordance with Occup

ational Safety and Health Administration (OSHA) rules. The compliance safety and health officer (CSHO) found a problem with the new automated robotic arms that had been installed at the end of the assembly line. The CSHO issued a notice of unsafe working conditions because the safety procedures and policies of the new machines were not communicated, nor readily available, to employees. Which statement best describes why HR professionals should be familiar with safety violations, even if they do not result in OSHA citations
Business
1 answer:
erik [133]2 years ago
8 0

Answer:

Unsafe working conditions can result in great costs to the organization, and HR can work to implement safety procedures to avoid this.

Explanation:

the options are missing:

  • HR professionals are the ones who provide the specific training for what happens on the line.
  • HR professionals are the ones who submit year-end reports documenting safety incidents.
  • Unsafe working conditions can result in great costs to the organization, and HR can work to implement safety procedures to avoid this.
  • OSHA representatives who are conducting an inspection often ask HR about the company’s safety regulations and violations.

Unsafe conditions can result in fines resulting from OSHA violations, lawsuits from injured employees and production related losses.

  • Fines due to OSHA violations can exceed $1 million, depending on the type of violation and the injuries suffered by employees.
  • Lawsuits can be very expensive, specially if employees are seriously injured or even dead due to unsafe working conditions.
  • Whole production lines might halt due to accidents, and this also results in large financial losses and also reputation damage.  

The HR department is responsible for trying to avoid all these potential losses, and one way to do it is by implementing correct safety procedures.

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When the supply of bubble gum increases while the demand for bubble gum decreases, the equilibrium ________ of bubble gum will d
Nadusha1986 [10]

Answer:

The correct answer is option b.

Explanation:

The equilibrium price and quantity of a product are determined through the interaction of demand and supply curves of the product.  

An increase in the supply will cause the supply curve to shift to the right. While a decrease in the demand will cause the demand curve to move to the left.  

This will cause the price of the product to decline. The change in the quantity, on the other hand, depends on the magnitude of change in the demand and supply.

4 0
2 years ago
Read 2 more answers
Urban’s, which is currently operating at full capacity, has sales of $47,000, current assets of $5,100, current liabilities of $
Nataly_w [17]

Answer:

AE = Increase in Assets - Increase in Liabilities - Profit × (1- payout ratio)

= [($51,500 + $5,100)×0.03 - ($6,200)×0.03 - ($47,000×1.03×0.05)×(1-0)]

= -$908.50

<em>Here, it can be clearly denoted that the firm does not need to raise the additional equity .</em>

Explanation:

Given :

Sales = $47,000

Current assets = $5,100

Current liabilities = $6,200

Net fixed assets = $51,500

Profit margin = 5 %

Sales are expected to increase by 3 percent next year

∴

The additional equity financing(AE) can be computed as follow:

AE = Increase in Assets - Increase in Liabilities - Profit × (1- payout ratio)

= [($51,500 + $5,100)×0.03 - ($6,200)×0.03 - ($47,000×1.03×0.05)×(1-0)]

= -$908.50

Here, it can be clearly denoted that the firm does not need to raise the additional equity .

6 0
2 years ago
Jim left his previous job as a sales manager and started his own sales consulting business. He previously earned $70,000 per yea
emmainna [20.7K]

$45,000 per year is the economic cost of the time he contributes to the new business.

<h3><u>Explanation:</u></h3>

The difference between the accounting cost and the implicit cost refers to the economic cost. Implicit cost refers to the opportunity cost that the person incurs when he makes a choice. For example consider Geetha is spending something for watching a movie. The cost that she spends for the movie and the cost that can be forgone by her when she spends that for some other things will be included in the economic cost.

In the example given Jim  was earning d $70,000 per year and now he is paying himself  $25,000 per year for building a new business. Thus the economic cost will be $70,000 -$25,000 = $45,000 per year. Here the accounting cost is  $70,000  and the implicit cost is $25,000.

8 0
2 years ago
Mel’s Diner is a popular café that specializes in home-cooked meals, friendly service, and a menu that contains vegan and vegeta
Katyanochek1 [597]

Answer:

The answer is: Mel´s Diner is engaging in a Niche Marketing Strategy

Explanation:

A niche marketing strategy takes place when you concentrate all your marketing efforts on an specific and well defined segment of the population.  

Mel´s Diner is differentiating themselves form all the other restaurants in their area by offering vegan and vegetarian dishes.

8 0
2 years ago
Show how Accounts Receivable, Notes Receivable, and their related accounts would be reported in the current assets section of a
KiRa [710]

Answer:

See explaination and attachment.

Explanation:

An account balance sheet is a statement of the assets, liabilities, and capital of a business or other organization at a particular point in time, detailing the balance of income and expenditure over the preceding period.

A partial balance sheet is a financial instrument that is used to visualize the list of total debits and credits of the accounts and the balance of each debtor or creditor.

Please kindly refer to attachment for the Partial balance sheet .

6 0
2 years ago
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