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sns34 replied to the topic Expense of Regulations in the forum Risk Analysis for Medical Devices 8 years, 4 months ago
I agree with other students in regards to offering the company a subscription where they can access a database that supplies access to all of the necessary documents. Employees will continually have access to articles while the company as a whole pays an annual fee. However, I believe that there would be a risk associated with this plan. Companies may subscribe, but once they do, they have the opportunity to cancel the subscription after taking the information they need from the database. Thus, the regulatory agencies risk losing an immense amount of money and hours that were taken to develop all of the regulations. These regulations cost money because it helps the user meet the necessary guidelines. Preventative maintenance, calibrations, safety inspections, and hiring auditors are necessary and cost money. Business is business. Overall, these expenses should definitely not stop a company from obtaining information on how to offer safety to customers.