What are the legal implications of conflicts of interest?
Conflicts of interest can lead to legal issues such as breach of fiduciary duty, fraud, or malpractice.
Can you give me examples of conflicts of interest in the workplace?
Sure! Examples include a manager hiring a relative or an employee having a financial stake in a competitor.
How can organizations prevent conflicts of interest?
Organizations can implement clear policies, conduct regular training, and encourage transparency among employees.
What should I do if I suspect a conflict of interest?
You should report your concerns to a supervisor or the HR department to ensure proper investigation and resolution.
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