Business Studies, asked by singhsatinderpal769, 6 months ago

“Conflict of Interest address situations and circumstances in which an employee’s personal interest are- or can appear to be in conflict with the organization’s interest” . Is this statement policy or law. Justify your answer explaining difference between policy and law.

Answers

Answered by amanguptaa406
4

Answer:

what we have to do in this

Explanation:

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Answered by charanbhavisetti2000
8

Answer:

A conflict of interest occurs when an entity or individual becomes unreliable because of a clash between personal (or self-serving) interests and professional duties or responsibilities.

Explanation:

This is what a Conflict of Interest means, so when an individual makes a decision which is against the Organizations interests, it may leads to legal ramification. Also the person may loose his job.

Which indicates that it is a Policy of an Individual Organization.

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