75 words each
1. Explain how reactive strategies can negatively impact safety measures and training within an organization that controls fleet operations. How can proactive determinations help mitigate future on-the-job accidents and reduce the overall impact of the cost to the company from safety issues?
2. There are multiple direct and indirect costs to employers who manage fleets when on-the-job accidents happen with employees. Calculate the total cost to an employer whose driver was involved in an accident with $8,459 of direct costs. Provide examples of indirect costs used in your calculation. Show your calculations.
4. Describe how companies can utilize a cost-benefit analysis to effectively budget for future safety training within the organization.
Answer preview
- The SMS helps to identify the entities for intervention and determining the specific safety problems that would arise from each entity. Since the SMS result would be obtained easily from the internet the individual rivers and company access their various entities (Haight, 2015). By logging into the SMS website they can obtain their individual ratings which give a platform on the basis to address in order to improve the performance of the individual drivers. In addition to the carrier’s ratings, specific correction measures are put in place.
For training purposes, the company focuses on reducing the occurrence of the risks. Upon the occurrence of a risk, the company would also incur both direct and indirect costs. In the cost-benefit analysis, the determination would be effective such that the budget for training would work to reduce all probable costs incurred out of occurrence of risks reduced
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