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3 Cards in this Set
- Front
- Back
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Relationships are so important in business
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true success as a business professional hinges on forming and maintaining relationships...
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Conflict of Interest
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A conflict of interest (COI) occurs when an individual or organization is involved in multiple interests, one of which could possibly corrupt the motivation for an act in the other.
A conflict of interest can only exist if a person or testimony is entrusted with some impartiality; a <b>modicum of trust is necessary to create it</b>. The presence of a conflict of interest is independent from the execution of impropriety. Therefore, a conflict of interest can be discovered and voluntarily defused before any corruption occurs. If you use your power or influence to create an unfair situation |
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Avoid the appearance of evil
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Would the offer influence your business relationship?
Could someone think your business judgment had been compromised by accepting your customer's offer? Is your relationship a friendship first? |
