Unformatted text preview: highlights. 2. Use specific examples from the video to illustrate the costs of risk to the firm associated with worker injuries. Be sure to include: a. Costs of direct losses b. Costs of indirect losses c. Costs of uncertainty d. Costs of risk management 3. McWane seems very aware of the direct costs of worker injuries. What specific actions does the firm take to reduce direct losses from worker injuries? 4. The government (through the federal Occupational Safety and Health Administration OSHA and through each state’s regulations) regulates workplace safety, with firms required to meet minimum safety standards. What role does government safety regulation play in determining risk management policy at McWane?...
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- Spring '07
- Management, Occupational safety and health