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Loss control refers to a systematic approach aimed at minimizing or preventing losses in an organization, particularly those related to accidents, property damage, liability, or operational inefficiencies. It is a proactive strategy within safety management that focuses on identifying potential hazards, assessing associated risks, and implementing measures to reduce the frequency and severity of losses. The ultimate objective of loss control is to protect human life, preserve organizational assets, and maintain operational continuity while fostering a culture of safety and responsibility among employees. In essence, loss control is a vital component of safety philosophy, integrating principles of accident prevention into the daily functioning of an organization. Losses can be categorized based on their nature and origin. Primarily, they are classified into direct and indirect losses. Direct losses ____ _____ _____ ________ ________ _______ _________ ______ ____.
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