Janice Brown is employed by Starport Hardware Limited as a store clerk. One day she was in the store arranging some items on a top shelf, the ladder she was standing on collapsed and she suffered a broken arm and leg. The doctor told her that she had to a major surgery and it would take approximately three months for her to heal enough to return to work. She is very concerned about how she would pay her medical and recurring bills during this period. Her colleague visited her a week after the accident and told her about workers compensation. She is unsure about the concepts and seeks your help to answer certain questions. A. Explain the concept ‘workers compensation’  B. Discuss the main objectives of workers compensation. C. Explain to Janice how workers compensation can assist her. D. Self-insurance is connected to workers compensation. State what is self -insurance and outline three advantages of it.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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Janice Brown is employed by Starport Hardware Limited as a store clerk. One day she was in
the store arranging some items on a top shelf, the ladder she was standing on collapsed and she
suffered a broken arm and leg. The doctor told her that she had to a major surgery and it would
take approximately three months for her to heal enough to return to work. She is very concerned
about how she would pay her medical and recurring bills during this period. Her colleague
visited her a week after the accident and told her about workers compensation. She is unsure
about the concepts and seeks your help to answer certain questions.


A. Explain the concept ‘workers compensation’ 
B. Discuss the main objectives of workers compensation.
C. Explain to Janice how workers compensation can assist her.
D. Self-insurance is connected to workers compensation. State what is
self -insurance and outline three advantages of it. 

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