Description:

A conflict of interest involves a person or entity that has two relationships competing with each other for the person's loyalty. For example, the person might have a loyalty to an employer and also loyalty to their family business. Each of these businesses expects the person to have its best interest first. Many organizations have policies and procedures that don't allow a conflict of interest, such as regulations against hiring relatives in certain situations.

For this project, create a conflict of interest policy for a business.In your policy, include the following information:

Specify what type of business the policy is for.

In your own words, define what conflict of interest is for this business.

Provide possible examples of conflict of interests specific to this type of business.

Include a brief procedure of steps the company can take whena conflict of interest is found among employees and/or with clients.

To get started, refer to the following resources:

o 20 Examples of Conflict of Interest in the Workplace

o Conflict of Interest in the Workplace