SDS7 - ConflictofInterest...

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Click to edit Master subtitle style Conflict of Interest A conflict of interest in a company is when an employee has an  interest that influences his judgment in his own behalf or on behalf  of a third party and which is contrary to the principal (employer’s)  interest. 
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Conflict of Interest o Bribes o Gifts o External Affiliations o Insider Information o Nepotism
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Bribes A bribe is the offering of some good,  service, or money to an appropriate person for  the purpose of securing a privileged and  favorable consideration (or purchase) of one’s  purchase or corporate project.
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Bribes Bribes are considered unethical for two  reasons: 1. They undermine the institution of  business, which rests on competitive  bidding based on price. 2. They are advantageous to only a few  persons, and they are illegal. From a  moral standpoint they serve no utilitarian 
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Gifts Some firms don’t allow individuals to give to or 
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SDS7 - ConflictofInterest...

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