Exam 5: Safety, Health, and Competition in the Global Marketplace

Quality goes hand-in-hand with productivity.

A safe and healthy work environment is the best environment in which to continually improve performance and productivity.

Competitiveness is the ability to succeed in the local, regional, national, or global marketplace.

Value added and quality are just two different names for the same concept.

One of the reasons protecting the corporate image through better workplace safety and health is that it:

Which country had the largest increase in output per hour of workers between 1950 and 2003?

Productivity is a measure of how fast a company's processes operate.

A declining literacy level in the labor force can have the following impact on industry in the United States:

Companies that outperform their counterparts in the global marketplace do so in the key areas of quality, productivity, response time, service, cost, and image.

The most competitive companies are those that have governmentally protected markets.

Which of the following are ways that safety contributes to a company's competitiveness?

Value added is the difference between what a company charges for its products and what it costs to design the product.

Quality is a measure of the extent to which a product meets or exceeds customer expectations.

Quality without productivity results in costs that are too high to be competitive.

Which of the following does NOT have a potentially negative effect on workplace safety if not handled properly?