Final answer:
The primary purpose of a compliance management program in international business is to respond to changes in regulatory requirements, ensuring that the company's actions are in line with legal and ethical standards.
Step-by-step explanation:
The primary purpose of a compliance management program in an organization engaged in international business operations, in addition to coping with changes in legal frameworks, is responding to changes in regulatory requirements. This takes into account the intricacies of various legal environments that a company must navigate to ensure all its activities remain lawful and ethical.
Compliance programs are essential for maintaining a company's reputation for integrity and avoiding legal penalties. Besides responding to legal changes, compliance management programs process applications for licenses, promote innovative services, conduct investigations, and analyze complaints. They are crucial for business operations as they also ensure that organizational conduct aligns with both internal ethics codes and external legal standards, ultimately shaping policies related to critical issues like data privacy, discrimination, and corporate lobbying.