What does risk substitution involve?

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Risk substitution involves replacing a hazard with a less dangerous option or a safer alternative. This concept is based on the principle of reducing overall risk by identifying a hazardous situation and substituting it with something that poses a lower risk to health and safety. By choosing a less dangerous option, organizations can effectively lower the likelihood of accidents or negative outcomes related to that hazard.

For example, if a business uses a chemical that is known to be harmful, finding a less toxic alternative to that chemical exemplifies risk substitution. The goal of this approach is to maintain productivity and performance while ensuring a safer environment for employees and customers. By understanding risk substitution, retail managers can make informed decisions that prioritize safety and compliance with regulations.

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