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A Statistical Analysis On Rate Of Industrial Accidents
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CHAPTER ONE
INTRODUCTION
Accident, literally, a befalling, an event that takes place without out’s foresight or expectation; an undersigned, sudden and unexpected event, chance, contingency; character, a casualty; a mishap; as, to diesis an accident. When an event is indesigned, it means that the event happens surprising or without pre-knowledge, by chance means an “Act of God†stuff.
Accident could result to damage, to plants, products, buildings, pollution of the environment, injury to people, and death to people. There are different types of accidents such as industrial accidents, road accidents, five accidents etc. But, due to the purpose of this project, we will be interested in discussing industrial accident.
Industrial accident, are those accidents that occur in factories where human beings are working. Everyday, worldwide thousands of accidents occur in factories and happens in different ways, depending on the area it occurs in the factory. It can result from collusion with poisonous chemicals, inefficient operations of the machines, hit by a moving object or falling objects, electrical shock from a naked wire, bursa from acid, slide due to greasy floors etc. Any of the above accidents can cause deep scars or permanent disabilities depending on the degree of which it occurs.
Several costs may be involved in one or more of these causes of accidents mentioned above. But, we shall consider the cost at it affects the victim the firm and the manager.
COST TO THE VICTIM
Pain and suffering.
Loss of income
Social embarrassment
Liability to others.
COST TO THE FIRM
Loss of production
Damage to equipment
Medical expenses and compensation
Loss of moral among workers.
Bad corporate image.
COST TO THE MANAGER
Loss of prestige
Loss of skilled worker
Time loss in training a substitute.
CHAPTER ONE -- [Total Page(s) 3]
Page 1 of 3
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