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.
An example of a conflict of interest is an excess benefit transaction, which occurs when an interested person or entity, as a result of a transaction or arrangement, receives an economic benefit (whether direct or indirect) in excess of the consideration received by the University in exchange.