What does "training and education" entail in a compliance program?

Training and education within a compliance program are fundamental components that equip employees with the necessary knowledge and skills to understand and adhere to compliance regulations and ethical practices. This ensures that the workforce is aware of their responsibilities and the legal framework affecting the organization, which in turn fosters an environment of ethical behavior and accountability.

By focusing on compliance regulations, organizations can help prevent violations that could lead to serious legal consequences, financial penalties, and damage to reputation. Training specifically directs attention to understanding laws and internal policies, enhances ethical decision-making, and promotes a culture of compliance across all levels of the organization.

The other options do not align with the essence of training and education in a compliance context. Team-building exercises, while important for morale and collaboration, do not directly promote understanding of compliance matters. Likewise, career advancement opportunities focus on personal development rather than compliance education. Creating marketing materials, on the other hand, pertains more to promoting the compliance program rather than informing employees on compliance duties and ethical standards.