Which of the following is a key benefit of effective hazard management?

Effective hazard management is crucial because it directly leads to the reduction of accidents and injuries within a workplace. By identifying potential hazards and implementing control measures, organizations can create a safer environment for their personnel. This proactive approach not only protects employees but also ensures compliance with safety regulations, enhances morale, and contributes to overall operational efficiency. Essentially, when an organization prioritizes effective hazard management, they significantly lower the likelihood of incidents that can result in harm, fostering a culture of safety and well-being.