Which of the Following Is the Best Example of a Conflict

question 69

Multiple Choice

Which of the following is the best example of a conflict of interest?

• A)teaching a college course based on skills learned at the workplace
• B)accepting gifts from competitors
• C)giving common sense advice to a friend who is trying to get a job with your employer
• D)not telling your employer that you have been accused of a criminal offence
• E)taking a part-time night job unrelated to your full-time employment

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Definitions:

Command Economy

An economic system where the government, rather than the free market, determines what goods should be produced, how much should be produced, and the price at which goods will be offered for sale.

Political Hierarchy

A system of organization within a political entity or government where individuals or groups are ranked one above the other based on authority or power.

Soviet Union

A former federation of Communist republics consisting of Russia and several other states that existed from 1922 to 1991, officially known as the Union of Soviet Socialist Republics (USSR).

Business Risk

The possibility of losing money on an investment or business venture due to various factors like market fluctuations, competition, or operational failures.