factors associated with accidentcost in


Factors Associated With Accident

Cost in Administrative Functions

  1. Loss of prestige.
  2. Costs for notification, investigation and legal action.
  3. Loss of public confidence in product and company.

Other Costs

  1. Fines, penalties imposed for failure to fallow safety guidelines
  2. Increased insurance.
  3. Cost of litigation.
  4. Compensation of worker.

 

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