Which of the following is true about conflicts of interest

Asked by admin @ 27/09/2021 in Business viewed by 350 People

Which of the following is true about conflicts of interest?a. A financial dimension must be present in order for it to be a conflict of interest.b. Conflicts of interest increase the likelihood of bias.c. A project must be funded by an external source in order for any conflicts of interest to be present.d. Researchers are not permitted to have any conflicts of interest.

Answered by admin @ 27/09/2021

Answer: Option B

Explanation: In simple words, conflict of interest refers to a situation under which an individual stands in a position to make a decision that can give him or her some personal benefit in cost of the organisation they are working for.

Thus, it creates an ethical dillema for the decision maker to choose among the alternative choices.

Hence from the above we can conclude that the correct option is B.

Able, baker, and charles are engaged in the marketing to and enrollment of beneficiaries into medicare health plans. mr. able is an independent agent paid directly by a health plan. ms. baker is an independent agent paid through a field marketing organization (fmo). mr. charles is an independent agent paid for his work by a third-party marketing organization (tmo). how do the cms compensation rules apply to these three agents?

Asked by maham237 @ 13/01/2021 in Business viewed by 2744 persons

Which of the following is true about conflicts of interest

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