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.
A conflict of interest is a situation in which an individual has competing interests or loyalties. A conflict of interest can exist in many different situations. The easiest way to explain conflict of interest is by using some examples. 1  with a public official whose personal interests conflict with his/her professional position. 2  with a person who has a position of authority in one organization that conflicts with his or her interests in another organization.