Most companies do risk assessment in Canon to avoid going through costly litigation and business losses. Risk assessment refers to the careful examination of the factors that may cause injury to workers or other financial risks that an organisation may incur. Companies have to ensure that they adopt precautions to prevent any type of injury to an employee. An employees’ ill health or accident can have serious repercussion on the business. It may also lead to expensive court cases and enhanced insurance costs. Regular risk assessment help companies to avoid any type of risk at the workplace and provide a safer environment to employees.