Identify a Challenge Associated with the Market Controlled Approach to Health

question 14

Multiple Choice

Identify a challenge associated with the market controlled approach to health and safety.

• A)Employees lack the kinds of free choices that the free-market theory would require in order to attain optimal satisfactions.
• B)This approach ignores the fundamental deontological right an employee might have to a safe and healthy working environment.
• C)This approach assumes an equivalency between workplace risks and other types of risks when there are significant differences between them.
• D)Employees in a free market are treated disrespectfully by ignoring their inputs as stakeholders.

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Definitions:

Profitability Numbers

Financial metrics used to assess the degree to which a company generates profit from its operations.

Profitability

The financial gain made by a business, calculated as total revenues minus total costs.

Advertising

is a marketing communication that employs an openly sponsored, non-personal message to promote or sell a product, service, or idea.

Positive Gain

An increase in value or beneficial results obtained from a certain action or investment.