Apple may have posted the most extraordinary growth in net income among any of the most profitable companies in the world. In 2004, Apple made $276 million. Last year, that number rose to $37 billion.
Here are a few examples of possible conflicts of interest: 1  You are a member of the board of directors for your childâs daycare. At the last board meeting, the directors discussed the dismissal of an employee with whom many children had problems, including your own child. 2  You are a director of an organization.
conflict of interest. n. a situation in which a person has a duty to more than one person or organization, but cannot do justice to the actual or potentially adverse interests of both parties.ncompatibility of professional duties and personal interests has led Congress and many state legislatures to enact statutes defining conduct that constitutes a conflict of interest and specifying the sanctions for violations.