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Actions of Finance Manger & Mitigations:

After investigation finance manager will give a full and complete loss assessment report to the
BOD. It will include compensations to the decisied and injured persons and insurance claims on
company property. Finance manager will also assess the damage to companys goodwill and will
give recommendations of personal contacts with media and other media related resources so that
companys goodwill might be restored.
In future finance manager will ask HR to take steps on take steps on training costs so that the
incidence might not occur again because of current reason or minimize the casualties. Moreover
he will try to assess the safety controls in place at the site. If these controls are not appropriate
they must be hardened for future safety. He might make a suggestion that exposure to this area is
high and involves greater risk so work in that area might not be allowed in this way risk might be
avoided at all.
In case company decides not to pay compensation there will be unrest in unionesed workers and
they will create disruption by not letting workers work. There will be negotiating cost with them
that they will be compensated in higher benefits but the finance in such decisions will how, be
arranged is a question and will not be do so without approval of BOD.

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