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The rule against conflict of interest for those in government service can be expressed in a simple formula: it should be service to the public, not to oneself or to one's relatives. For example, a Cabinet member pays his or her sibling's TV show with government money to place a tourism ad.
Performing evaluative research for a company in which the investigator has a financial interest. Accepting a paid consultancy with a company having an interest in your research. Using students to perform services for a company in which you have a financial interest.
The types of conflict of interest include romantic or relational, financial, competitive, and confidential conflict of interests. They all involve individuals engaging in activities that lead to personal gain at the expense of the organizations they work for.
In your response, provide a specific example of a conflict you resolved on your own, highlighting your ability to assess the situation, identify its root cause and take appropriate actions. Example answer: During a team project, a colleague and I disagreed about the direction of our work.
Definition: A conflict of interest involves a conflict between the public duty and. the private interest of a public official, in which the official's private-capacity interest could improperly influence the performance of their official duties and responsibilities.