Cost-benefit or Cost effectiveness

The following video highlights “Why Safety Is Important” .

After watching the video please answer the following:

1. What are 2 examples used in the movie to show how costly workplace safety accidents can be.
2. As a health and safety manager in a facility, would you chose cost-benefit or cost effectiveness to evaluate the impact of your health and safety management practices on worker’s health? Why? Explain your answer and justify

 

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