Assessing risk in the workplace
Describe the primary steps in assessing risk in the workplace with respect to Health and safety, identify and discuss what actions should be taken to manage or wipe out the risks posed?
Expert
1. Identify the hazards:
Firstly, there is a need to make out how individual could be injured or harmed. In case when an individual operates in a workplace daily it is quite possible to oversee a number of risks. Therefore, in order to efficiently manage the hazards and threat posed by them several ways can be considered such as moving around the workplace, asking workers what they feel as they might have come across things that are not instantly understandable otherwise, visiting the HSE website as it publishes useful supervision on where hazards happen and ways to manage them etc. 2. Risk Management:
Analyzing the risk encompasses evaluation of the Consequences, Exposure and Probability of the risk by the means of risk score calculator. It offers a qualitative instrument that aids in prioritizing risk. The risk matrix is adopted to evaluate and prioritize risks; then taking into account with high priority risks first and least once in the last.3. Decide on measures to control the risk:
Risk can be controlled in several ways like trying a less hazardous alternative, avoiding access to the risk, categorize work to decrease contact with the hazard etc.
To transfer amounts from retained earnings to contributed capital through stock dividends. The effect is to decrease retained earning and increase the stock account. Stock dividends also permanently retain the earnings in the corporation by moving it out of the retain
Explain and discuss the significance of Fisher Effect and the Purchasing Power Parity theories to a foreign exchange dealer in the merchant bank?
Why teaching of accounting is not simple. Illustrate this statement.
A CD/$ bank trader is presently quoting a small figure bid-ask of 35-40, while rest of the market is trading at the CD1.3436-CD1.3441. Specify what all is implied about trader’s beliefs by his prices?
What borrower must consider before issuing the dual currency bonds?
Describe the term Purchase return with suitable example?
Specify intuition behind NPV capital budgeting framework?
Write down the merits of Budgetary Control?
Provided the given information, state the DM/S$ currency versus the currency bid-ask quotations? Bank Quotations American Terms
List some of the differences between the foreign bonds and Eurobonds and also describe why Eurobonds make up lion’s share of the international bond market.
18,76,764
1952916 Asked
3,689
Active Tutors
1442212
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!