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7. Conflict of interest
Avoiding conflicts of interest is crucial to maintain integrity, fairness, and transparency. It protects stakeholders' interests, ensures legal compliance, and preserves trust and reputation. By prioritizing ethical conduct, professionals can make unbiased decisions and uphold professionalism in their respective fields.
Dad: Hey my brillant daughter, Look at this beautiful tree ( ppt ) from my nursey.I am reali good at this
As your mother and the owner of this tree nursery, I think it would be great if you exclusively use our plants for your landscape projects
Poyu : I understand, dad, but that would create a conflict of interest.
As a landscape architect, I have a professional responsibility to select the best plants for each project, regardless of their source
Dad: But our nursery has a wide variety of high-quality plants. It would benefit both our business and your projects
Poyu : I appreciate your support, but it's important to avoid favoritism and ensure that my decisions are based solely on the project's requirements and the clients' best interests
Dad: I just thought it would be a great opportunity for both of us ( sad )
Poyu: Avoiding conflicts of interest is crucial to maintain integrity, fairness, and transparency. It protects stakeholders' interests, ensures legal compliance, and preserves trust and reputation. By prioritizing ethical conduct, professionals can make unbiased decisions and uphold professionalism in their respective fields