Question

Health and safety are "goods" that are valued both as a means for attaining other valuable ends and as ends in themselves. What does this statement imply?A. Health and safety have instrumental value and intrinsic value.B. Employers are responsible to provide a completely safe and healthy workplace.C. Financial compensation can replace the value of life lost due to lack of health and safety measures.D. Employers do not have the right to fire employees on grounds of health and safety.

Answer 1

Answer: Option A

Explanation: The above statement signify that the health and safety are assets and have intrinsic values. If something helps an individuals or a firm to achieve a particular end or is considered as an end itself, then such thing is considered to have an intrinsic value.

Health and safety have an intrinsic value as this is important for the successful operations of the business. Human resource are the most important resource for any organisation. Thus, their effectiveness is a major factor affecting profitability of the company.

Hence the correct option is A.