How Can Businesses Identify Conflicts of Interest?
Businesses can identify conflicts of interest through several means:
Disclosure Forms: Require employees to fill out forms disclosing any potential conflicts of interest. Training: Conduct regular training sessions to educate employees about what constitutes a conflict of interest and how to report it. Audits: Perform regular audits to identify and address potential conflicts of interest. Whistleblower Policies: Encourage employees to report conflicts of interest without fear of retaliation.