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Conflicts of interest Definition

Situations where an individual’s personal interests could interfere with their professional duties or decisions.

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Courses and Mircolessons that cover Conflicts of interest

Frequently Asked Questions

What is an example of a conflict of interest in the workplace?

A manager awarding a contract to a company owned by a family member without a fair bidding process.

How can conflicts of interest be avoided?

By disclosing any potential conflicts and recusing oneself from related decisions.

What are the risks of undisclosed conflicts of interest?

It can lead to biased decisions, unethical behavior, and reputational damage for the company.

What are some common examples of conflicts of interest in the workplace?

Common examples include personal relationships influencing business decisions, outside employment that conflicts with company interests, and favoritism.

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Conflicts of interest Definition

Emtrain is the only compliance training provider that guaranteed to reduce ER claims

Courses and Mircolessons that cover Conflicts of interest