Which of the Following Would Be an Example of a Conflict

question 3

Multiple Choice

Which of the following would be an example of a conflict of interest in a business context?

• A)The director of a company votes in favour of a contract for services to be provided by his family company.
• B)A real estate agent regularly refers clients to a firm of solicitors of which his wife is the principal solicitor.
• C)The purchasing officer for a business accepts a commission to place orders exclusively with a particular company.
• D)All of the above.

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Definitions:

Discontinuous Innovation

A radical form of innovation that introduces a new concept or product that significantly changes consumer habits, market dynamics, or the industry landscape.

Consumption Patterns

The typical manner in which individuals or groups buy, use, and dispose of goods and services over time.

Personal Selling

A direct form of marketing where salespeople interact face-to-face with customers to promote and sell products or services.

Discontinuous Innovation

Innovations that represent a significant departure from existing practices and often create new markets or transform existing ones.