TABLE 1 Hazard Risk Poisonous snake hiding in the bush Sharp tool at the edge of a cliff Texting while driving High voltage electricity cable Fixing the roof For any industry to be successful, it has to be safe, reliable and sustainable in its operations. The industry has to identify the hazards and assess the associated risks and bring the risks to a tolerable level. But, in order to do that, first, you must have a clear differentiation between these two. Classified this item into Hazard or Risk by marking (X) in TABLE 1 in the appropriate column. Then, explain what changes a hazard into a risk.

TABLE 1 Hazard Risk Poisonous snake hiding in the bush Sharp tool at the edge of a cliff Texting while driving High voltage electricity cable Fixing the roof For any industry to be successful, it has to be safe, reliable and sustainable in its operations. The industry has to identify the hazards and assess the associated risks and bring the risks to a tolerable level. But, in order to do that, first, you must have a clear differentiation between these two. Classified this item into Hazard or Risk by marking (X) in TABLE 1 in the appropriate column. Then, explain what changes a hazard into a risk.

Purchasing and Supply Chain Management

6th Edition

ISBN:9781285869681

Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

ChapterC: Cases

Section: Chapter Questions

Problem 5.1SA

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