Question: 1 Economically speaking how much money would it be worth

1. Economically speaking, how much money would it be worth investing in workplace safety to prevent a single workplace injury with a direct cost of $1,000?
2. If a company has a lower profit margin, does it need to earn more or less revenue to offset the total cost of an injury compared to a company with a higher profit margin?
3. After using this calculator, what advice would you give a company deciding whether or not to invest in upgrading its safety program?

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  • CreatedNovember 11, 2015
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