[Company name]
MNO3706
Assignment 3
Semester 2
2024
QUESTIONS WITH ANSWERS
, MNO3706 Assignment 3 Semester 2 2024
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?
1. How a Corporation's Image Can Be Affected by Accidents and Injuries
1. Reputation Damage: Accidents and injuries can tarnish a corporation’s
reputation, making it appear negligent or unconcerned about employee welfare.
This negative perception can be hard to shake off, especially if widely covered by
the media.
2. Customer Trust: Customers may lose trust in a company if they believe it does
not prioritize safety. This can lead to decreased sales and loss of loyal
customers, particularly if the accidents suggest systemic safety issues.
3. Investor Confidence: Investors are likely to view frequent accidents as a sign of
poor management and operational inefficiency. This can result in reduced
investment and a lower stock price, impacting the corporation's financial stability.
4. Employee Attraction and Retention: Prospective employees may avoid applying
to a company known for workplace accidents, while current employees may seek
employment elsewhere, leading to talent loss and increased recruitment costs.
5. Regulatory Scrutiny: High-profile accidents can attract increased scrutiny from
regulatory bodies, leading to audits, fines, and more stringent compliance
requirements, which can further damage a corporation’s image.
MNO3706
Assignment 3
Semester 2
2024
QUESTIONS WITH ANSWERS
, MNO3706 Assignment 3 Semester 2 2024
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?
1. How a Corporation's Image Can Be Affected by Accidents and Injuries
1. Reputation Damage: Accidents and injuries can tarnish a corporation’s
reputation, making it appear negligent or unconcerned about employee welfare.
This negative perception can be hard to shake off, especially if widely covered by
the media.
2. Customer Trust: Customers may lose trust in a company if they believe it does
not prioritize safety. This can lead to decreased sales and loss of loyal
customers, particularly if the accidents suggest systemic safety issues.
3. Investor Confidence: Investors are likely to view frequent accidents as a sign of
poor management and operational inefficiency. This can result in reduced
investment and a lower stock price, impacting the corporation's financial stability.
4. Employee Attraction and Retention: Prospective employees may avoid applying
to a company known for workplace accidents, while current employees may seek
employment elsewhere, leading to talent loss and increased recruitment costs.
5. Regulatory Scrutiny: High-profile accidents can attract increased scrutiny from
regulatory bodies, leading to audits, fines, and more stringent compliance
requirements, which can further damage a corporation’s image.
