This is an example of a conflict of interest issue in the business
What is a conflict of interest?
Conflict of interest, in this instance, is a situation where Lilly finds her personal interest to be in conflict or in disagreement with the interest of the firm, whereas she has a fiduciary duty to ensure the interest of the firm is prioritized in all decisions that she exercises her judgment on.
The fact that she has made a decision that benefits her but at the expense of her employer means that she has fallen into an ethical dilemma known as the conflict of interest
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