Purchase Solution

Conflict of Interest

Not what you're looking for?

Ask Custom Question

Conflicts of interest can occur at any time. Select one of the two scenarios and elaborate on what you would do in that situation.

2. You work for a computer parts and software distributor. Your co-worker and friend is starting up a second business installing and servicing personal computers. She asks you not to disclose any knowledge of her new business. She has been missing a great deal of work because of the startup time the new businesses requires, and the work she is missing falls on your lap. You do not want to hurt your friendship, but you do not feel it is fair the extra work falls on your lap.

Purchase this Solution
Solution Summary

This solution provided a way to handle a situation if a co-worker is frequently missing work due to starting up a second business.

Solution Preview

This is what I would do in this particular situation. In order for a person to do an excellent job within a company, he or she needs to have less distractions. With this particular scenario, I would confront my co-worker about her actions, and how it is hurting the company she ...

Purchase this Solution
Free BrainMass Quizzes
Business Ethics Awareness Strategy

This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.

SWOT

This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.

Learning Lean

This quiz will help you understand the basic concepts of Lean.

Operations Management

This quiz tests a student's knowledge about Operations Management

Six Sigma for Process Improvement

A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.

View More Free Quizzes
Related BrainMass Solutions

  • Conflict of Interest

    A company manager or director may have conflict of interest, a public accountant may have conflict of interest or a consultant may have conflict of interest.

  • Implications of conflicts of interest impact corporations

    Using the Sarbanes-Oxley Act of 2002, give an example of a potential conflict of interest that could arise in business, and your recommendation for how that conflict or potential conflict could be resolved.

  • Types of conflict is described between X, Y, and Z

    Conflicts of interest result when one or more people believe that there is a hierarcy conflict or interests of the other are not the same as the interests of themselves.

  • Corporation goals

    A conflict of interest arises when the managers, shareholders or other stakeholders have different objectives. This conflict of interest raises the agency problems for the organization.

  • Hospital Profit-Board-Law

    The Section I of American Hospital Association Article XXVIII, Conflict of interest requirement says that any duality of interest or possible conflict of interest on the part of any governing board member shall be disclosed to the other members of the

  • Overt conflict, conflict of interest and intergroup conflict

    5255 Overt conflict, conflict of interest and intergroup conflict What is conflict? What are the main characteristics of intergroup conflict, relative deprivation and collective unrest?

  • Conflict Management

    It is a cooperative, interest-based approach to conflict resolution.

  • Conflict of interest in achieving hostile takeovers

    421347 Conflict of interest in achieving hostile takeovers If managers allow the change of formal documents, making it easier for outside investors to achieve a hostile takeover, are they reducing potential conflict of interest between themselves and

  • Selecting the Most Appropriate Conflict Management Strategy

    I need help in elaborating the importance of fairness, effectiveness, and participant satisfaction B. The three Major Conflict Resolution Strategies proposed by the author are: interest-based, rights-based, and power-based strategies.

  • security analysts and investment bankers

    430222 Given the potential conflict of interest between security analysts and investment bankers working for the same firm, what potential solutions exist to remedy the situation? 1.)

View More Related Solutions