A purchasing agent who is an owner of 25% of the shares in a supplier does not have a conflict of interest.

Question

Quizplus · Accepted Answer

The purchasing agent owning 25% of shares in a supplier represents a conflict of interest as it may influence their decision-making process when it comes to selecting suppliers or negotiating contracts. It creates a biased situation where the purchasing agent may prioritize their personal interests over those of their company. This can lead to an unfair advantage for the supplier in question and may ultimately harm the company's financial and reputational interests.

A Purchasing Agent Who Is an Owner of 25% of the Shares