Conflict of interest
What Conflict of interest means in Business GCSE, as defined for Pearson Edexcel.
Definitions of Conflict of interest
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Reference: Pearson Edexcel
Arises because each group holds distinct and often conflicting objectives, so a decision can benefit one stakeholder but harm another.
A disagreement between two specific groups, such as shareholders wanting higher dividends versus employees wanting pay rises.
Topics that use Conflict of interest
- Business stakeholders (Pearson Edexcel GCSE)
Related terms
- External stakeholders
- Pressure groups
- Stakeholder
- Stakeholder objectives
- Stakeholders
- Suppliers
- Corporate decision-making
- Internal stakeholders
Using Conflict of interest in the exam
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