What is typically included in the scope of corporate compliance programs?

Training employees on company policies is a fundamental component of corporate compliance programs. These programs are designed to ensure that employees understand and adhere to the laws, regulations, and internal policies that govern the corporation's operations. Effective training helps mitigate risks associated with non-compliance, such as legal penalties and reputational damage.

By providing comprehensive training, companies reinforce their commitment to ethical conduct and compliance with applicable laws. This includes educating employees about specific regulations relevant to their roles, the importance of reporting any misconduct, and the procedures for doing so. This proactive approach helps cultivate a culture of compliance within the organization.

In contrast, activities such as conducting market research for new products, establishing corporate branding strategies, and developing competitive pricing models are primarily focused on marketing and business strategy rather than compliance. While these functions are essential for a corporation's growth and competitive positioning, they do not directly relate to compliance matters.