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  1. Dec 22, 2023 · A conflict of interest occurs when an entity or individual becomes unreliable because of a clash between personal (or self-serving) interests and professional duties or responsibilities.

  2. Mar 10, 2023 · A conflict of interest is a situation in which an entity has competing responsibilities or interests. In business, a conflict of interest arises when a person's personal interests conflict with their professional obligations. Conflicts of interest often have legal consequences.

  3. A conflict of interest is a set of conditions in which professional judgment concerning a primary interest (such as a patient's welfare or the validity of research) tends to be unduly influenced by a secondary interest (such as financial gain).

  4. Aug 17, 2023 · A conflict of interest is a scenario in which the interests of an individual holding a position of authority, power, or their favored relatives have the potential to, or do, inappropriately influence the execution of their duties and responsibilities.

  5. Jan 21, 2022 · Conflicts of interest arise when people use their professional or financial relationships for personal gain. These instances can crop up in corporate settings, nonprofits, public offices, and businesses alike. Learn more about what makes for a conflict of interest and how to stop them from happening.

  6. a situation in which someone cannot make a fair decision because they will be personally affected by the result: The mayor is himself involved in local businesses and has been accused of a conflict of interest.

  7. Mar 10, 2023 · A conflict of interest is when you have a certain personal interest that may interfere with the interests you must have as someone connected to another person or entity, like your employer. A conflict of interest can cause one party to question what another party's intentions are.

  8. Sep 26, 2018 · This situation is known as a conflict of interest -- and it occurs when a person or organization has an obligation to more than one person or organization and cannot act in the best interests of both parties. The definition doesn’t stop there.

  9. Jun 3, 2024 · The meaning of CONFLICT OF INTEREST is a conflict between the private interests and the official responsibilities of a person in a position of trust. How to use conflict of interest in a sentence.

  10. Apr 6, 2024 · Managing Conflict of Interest Effectively: 6 Essential Tips. What Is Conflict of Interest at Work? The Importance of Managing Conflict of Interest; Conflict of Interest in the Workplace Examples; 6 Helpful Tips for Managing Conflict of Interest. Establish Clear Policies; Promote Transparency; Avoid Dual Roles; Seek Independent Oversight

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