Briefly discuss the power of Occupational Safety and Health Administration (OSHA) with respect to citations and penalties.
What will be an ideal response?
OSHA citations may be issued immediately following the inspection or later by mail.Citations tell the employer and employees which regulations and standards are alleged to have been violated and the amount of time allowed for their correction. The employer must post a copy of each citation at or near the place the violation occurred for three days or until the violation is abated, whichever is longer.Under the act, OSHA may cite the following violations and propose the following penalties:Other-Than-Serious: A violation that has a direct relationship to job safety and health, but one unlikely to cause death or serious physical harm. Such a penalty could be as low as $100. However, OSHA may propose a penalty of up to $7,000 for each violation depending upon the circumstances.Serious: A violation for which there is substantial probability that death or serious physical harm could result and the employer knew, or should have known, of the hazard. The average penalty is $3,000-$4,000, with a maximum penalty of $7,000.Willful: A violation that the employer intentionally and knowingly commits, or a violation that the employer commits with plain indifference to the law. OSHA may propose penalties of up to $70,000 for each violation or $75,000 per exposed employee for a willful penalty.
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Mitchell Company prepares monthly financial statements and will record.a prepaid account for each of the following except:
a. Mitchell paid for three months of window washing services in advance. b. Mitchell purchases a four-year casualty insurance policy. c. A tenant that pays Mitchell for six months of rent in advance. d. Mitchell purchases office supplies to last for several months.
A company could reasonably expect use of both an intranet and extranet to ________
A) facilitate collaboration with external business partners B) save the company money C) increase traffic to the company's Web site D) replace the use of professional networking sites E) improve internal communications among employees
A company seeking to implement the Five-S’s would most likely do which of the following?
a. Increase its supplier base b. Eliminate nonprofitable customers c. Conduct a kaizen blitz d. Thoroughly clean its work centers
Usually, income derived from a joint venture is taxed as if the organization were a partnership.
Answer the following statement true (T) or false (F)