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1. Only answer the two (02) highlighted questions in yellow.2. The answer should be supported where applicable, using relevant information from the scenario.3. The marks shown for each question are...

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1.
Only answer the two (02) highlighted questions in yellow.


2.
The answer should be supported where applicable, using relevant information from the scenario.


3.
The marks shown for each question are the points required to be raised in the answers. E.g. 15 marks means 15 points required in the answer.


4.
Each point of answer must be three sentences or more in the answer to explain the context.


5.
Each answer must be paragraphed.


6.
No single word or single sentence answer e.g bullet answering is allowed. All answers must be three senses or more.


7.
All work to be plagiarism free.

Answered 1 days After Mar 21, 2023

Solution

Asif answered on Mar 23 2023
29 Votes
NEBOSH International Diploma for Occupational Health and Safety Management Professionals
Name and Number of Student
Date of Submission
Task 1: Financial Justification to Aid Decision Making:
(A)
· Based on the findings of the given case study/scenario, it can be said that the investment in the proposed health campaign can offer a number of economic benefits to the organization.
· For example, they would be able to minimize healthcare cost for its employees by promoting healthy lifestyle choices.
· It would also improve employee’s motivation, self-confidence, productivity, morale and reduce tensions and absenteeism. Hence, the company can be able to minimize its insurance and medical expenditure successfully (Bianchi et al., 2016).
(B)
· It is important and essential for the company to look into additional revenue streams to maintain its profit and cover losses effectively.
· For example, the scenario shows that the company should generate enough revenues to reduce its expenses including the cost of proposed health campaign (Financial Planning Magazine, n.d.). The organization can use the following formula to generate revenue such as:
Revenue = Total Expenses...
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