Bartend！Loyalty or not? Schweser Practice Exam 3 Q3! investment, volunteer, function

ruchita

it is clear that if you take a competitive position against your current work, definitely disclose to ur employer. but how is position like bartend or volunteer who doesnot involve investment function?

economicz

It is not competing , and the employer shold not mind , no need to report it. However if the employer wants to do 40 hours a week , and you can only do 25 since you’re tired after working 30 hour weeks bartending , then you are depriving your employer of your service plus . That’s where there could be a conflict of interest

soddy1979

Conflict of interest comes in because
even when you are in a voluntary position, you are in a position of responsibility and are earning some kind of knowledge by being in that position. By being in a voluntary position you also have access to information which may create conflicts of interest (such as not-for-profit organizations vying for projects/investments/donations from different companies).