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A situation where someone in a position of trust has a personal or professional interest that could stop them acting impartially.
Ethics and judgement
Definition
A situation where someone in a position of trust has a personal or professional interest that could stop them acting impartially. Having one is not wrong in itself. Hiding it or acting on it is.
Example
Suppose a Raket Parts buyer's relative owns a titanium supplier. The buyer has a conflict of interest when choosing suppliers and should declare it.
Raket Parts B.V. is a fictional company created for Insyt.
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