Toolscorp: Business Operating Principles Student

TOOLSCORP: BUSINESS OPERATING PRINCIPLESStudent NameCourse Number: Course NameDue DateToolsCorp Operating PrinciplesEthical PrinciplesThe company will ensure high moral and legal standards in its relations with the stakeholders through strong policies that govern the conduct of the employees. In relations with the customers, the company will ensure that its products meet the accepted standards of quality and safety, and its sales people make ethical transactions with the customers. ToolsCorp will not be blinded by short-term profit making at the expense of losing the customer. The company will ensure good relations with the suppliers through timely payment for goods delivered. In relations with the government, the company will not be engaged in tax evasion practices or breaking of business laws.EnvironmentalPrinciplesThe company not only abides by the environmental regulations, but also understands the responsibility of all the manufacturers to reduce or eliminate the emission of dangerous substances into the environment. In that spirit, ToolsCorp will make sure that all wastes are disposed in a safe and responsible manner. The company will conduct an environmental audit annually to assess the impact of its environmental policies