When We Have a Conflict of Interest, We Have Competing

question 11

True/False

When we have a conflict of interest, we have competing concerns that we must balance.

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Definitions:

Early Warning Signs

Indicators or signals that suggest potential problems or changes in a system or process, allowing for preemptive action to avoid negative outcomes.

Denying Existence

The refusal to acknowledge the reality or presence of something, often as a defense mechanism.

Contingency Plan

A strategy prepared to address unexpected events or emergencies, minimizing negative effects and maintaining operational continuity.

Back-Up Plan

A prearranged alternative set of actions or resources available in case the original plan fails or encounters problems.