Conflict of interest: Learn what a conflict

Learn what a conflict of interest is, how it can affect your career and how to avoid it. Find out the common types of conflicts of interest, such as self-dealing, nepotism and insider trading, and see examples and tips for each. Learn about the definition, types, and examples of conflict of interest, a situation in which a person or organization has multiple interests that may conflict with their duties or obligations. Find out how conflict of interest rules apply to different fields, such as law, medicine, and politics. Learn what a conflict of interest is, how it affects decision-making and performance, and what types of conflicts exist in business and personal relationships. Find out how to disclose and manage conflicts of interest effectively and legally. A conflict of interest occurs when personal interests or relationships interfere with professional responsibilities, potentially compromising objectivity and fairness. These conflicts can arise in both business and personal contexts, each bringing distinct challenges and implications. Recognizing and managing them is essential to maintain trust and ethical decision-making.