Risk Profiling Of Hazards Due To Operation of Autoplast Ltd Essay

Risk Profiling Of Hazards Due To Operation of Autoplast Ltd - Essay ExampleThis paper illustrates that considering the mystify scenario of chemical leakage from the storage plant of AutoPlast Ltd. and contamination of water of River Cruze and subsequent outbreak of fire star(p) to the health problem of the surrounding housing estates, village and fish market, there is a dominant turbulency from the local community against the operation of AutoPlast Ltd. It is evident that there would be political intervention due to mate and fulfillment of interest of the political parties head for the hillsing to several agitations and discussion between the management of AutoPlast Ltd. and the political entities. semipolitical intervention would lead to the demand of hefty compensations for the health-affected people and any disagreement on mutual points would lead to unplanned expenditures of the participation that is likely to affect the profit margin of AutoPlast Ltd. Although AutoPlast Ltd. is considered to be a major participant in the local economy employing several local people surrounding the river Cruze, the present scenario of fire outbreak due to the operations of the company leading to respiratory and health issues of local mass would generate a sense of disloyalty and hatred towards the brand of AutoPlast Ltd. and hence they would have a tendency to reject its products leading to the put across in production and price of AutoPlast Ltd. Thus, the economic hazard of AutoPlast Ltd. in the present scenario needs to deal with in a strategic manner by the management of the company. Considering the present scenario of AutoPlast Ltd., the society has shown some tolerance to the company as it employs a majority of the workers in the local community. But considering the extent of damage in basis of life and death and the psychological impact on the society due to the presence of stimulants, the extent of risk that AutoPlast Ltd. is going to bear in terms of goo dwill and subsequent volume and value of sales is considerable.