The Occupational Safety and Health Administration (OSHA) Has Determined That

question 256

Multiple Choice

The Occupational Safety and Health Administration (OSHA) has determined that 100 workers are exposed to a hazardous chemical used in the production of diet soft drinks. The cost of imposing a regulation that would ban the chemical is $10 million. OSHA has calculated that each person saved by this regulation has a value equal to $10 million. If the benefits are exactly equal to the costs, what probability is OSHA using to assess the likelihood of a fatality from exposure to this chemical?

• A) 0.001
• B) 0.01
• C) 0.1
• D) 1.0

Understand the impact of job design on employee motivation and performance through the application of motivation theories.

Distinguish between job simplification and automation and their implications on organizational efficiency and employee satisfaction.

Recognize the effective use of punishment and extinction strategies in managing undesirable workplace behaviors.

Grasp the role of task variety, job enrichment, and job rotation in preventing job dissatisfaction and enhancing employee engagement.

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Definitions:

Inventory Purchases

This term refers to the buying of goods and materials that a business intends to sell in the future as part of its operations.

Accounts Payable Aging Report

A financial report that categorizes a company's accounts payable according to the duration that an invoice has been outstanding, helping businesses manage their debts effectively.

Accounts Receivable Aging Report

A detailed document that shows the unpaid invoice balances along with the duration for which they've been outstanding.

Reconciliation Report

A document that compares two sets of records to ensure they are in agreement and used to find discrepancies or confirm balances.