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Why are conflicts of interests a problem in business? (Select the best answer.)


Question 8 options:


They cause employees to lose their jobs unfairly.



They can force companies to expand too fast.



They are always illegal.



They can lead to unethical behavior.

Verified Answer :

They can lead to unethical behavior.

TomShelby

Answer:

They can lead to unethical behavior.

Explanation:

As the person which a conflict of interest will have to make a decision which influenciate his income, wealth or status.

The most common example is personal/sexual relationships between students or employees As there is a difference in rank  the student or employee may accept as a refusal may lead to a bad grade or cease of contract respectively.

Another example is having a commercial relationship with a contractor/supplier while being in charge of the purchase department As will kept that supplier even when it is not preferrable for the enterprise.

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