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Conflicts of interest arise whenever executives have a private interest in the outcome of the task or responsibility they carry out on behalf of their employers. As a company employee, the executive owes his employer the duty to act solely for the benefit of his or her employer and not in the interest of the employee or third party; the employee?s loyalty must be undivided. Whenever a conflict of interest exists, the executive cannot be said to act solely for the benefit of the employer, because the conflict of interest may cause the executive to engage in a course of action that is not in the best interest of the company or to fail to exercise independent judgment on behalf of the company, thereby breaching the duty of loyalty the executive owes to his employer.
What should Mr. Sharma have done to avoid the misunderstanding?question #Minimum 100 words accepted#
The country of Changeland has, for many years, operated as a military dictatorship. Last year, however, a people's revolution brought a democratic election for the first time in li
Advantages of Entrepreneurship Development You will be your own boss and the boss of other people and make the decisions that are crucial to the business' success or failu
The capacity of production systems as well as the nature of storage faculties considerably affects the inventory policy of an organization, e, g capacity for heating oi
Question: i) Recall a time when you have been the target of rumours or gossip. How might these influence the development of a friendship (whether the gossip is spread by the pe
EXPLAIN AND USE APPROPRIATE TOOLS AND TECHNIQUES FOR CONDUCTING AN INTERNAL APPRAISAL
QUESTION 1 Discuss the main components and functions of the financial system making reference to Rodrigues Island. Suggest measures which could be implemented to develop the fi
QUESTION (a) "Within the financial system of a country, commercial banks are considered as major financial intermediaries with important contribution to the economy". Discuss t
QUESTION 1 (a) What can be done at management level to establish and improve an organisation's ethical culture? (b) What are the individual and situational factors that infl
QUESTION 1 Discuss the various methods available to deal with exchange rate risk and interest risk via the financial markets. QUESTION 2 What are the main objectives a
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