How is 'compliance' defined in the context of TQL operations?

In the context of TQL operations, 'compliance' is primarily defined as adhering to laws, regulations, and internal policies throughout operations. This definition emphasizes the importance of operating within the legal framework and following established guidelines and standards that govern business conduct. Compliance ensures that the organization operates ethically and transparently, mitigating the risks associated with non-compliance, such as legal penalties, reputational damage, and operational disruptions.

This adherence to laws and regulations not only helps in maintaining the integrity of the business but also fosters trust among stakeholders, including customers, employees, and regulatory bodies. It encompasses a wide range of areas, including labor laws, safety regulations, environmental standards, and financial reporting requirements, which are crucial for the overall sustainability and credibility of the organization.