Final answer:
Policies and responsibilities concerning hand tools are usually outlined in an organization's operational procedures, focusing on availability, maintenance, and safety.
Step-by-step explanation:
The policies and responsibilities for implementing, maintaining, controlling, storing, replacing, and inventorying common hand tools are typically established by an organization's operational procedures or standard operating procedures (SOPs). These guidelines are designed to ensure that tools are available, reliable, and safe for use. They often touch on aspects like procurement, usage, maintenance schedules, and safety inspections. An inventory system is important for tracking the location, condition, and availability of tools to minimize loss and ensure efficiency in operations.