Assignment task:
'Conflicts of interest in business can erode trust, compromise ethical decision-making, and harm both individual reputations and the overall integrity and success of organisations'.
To what extent do you agree with the above statement?
In your report, you are required to analyze the provided statement, drawing upon relevant managerial ideas and concepts and theories . Your response should go beyond merely identifying the issues and should instead propose explanations for these problems based on academic literature. Furthermore, your report should present a minimum of three potential solutions to address these issues. Each recommendation should be clearly explained in relation to the problem and substantiated using academic literature. Additionally, for each recommendation, you must outline the potential risks or complications that could arise and provide a plan to mitigate them.