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Fee splitting is the practice of paying fees for the referral of clients between professionals. It is considered an unethical conflict of interest in some professions such as medicine.
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Type | Conflict Of Interest | Definition | A financial gain that results from referral of a client from one professional to another. Typically considered an unethical practice in the medical profession. | Example | A doctor recommends physical therapy and provides a referral to a clinic to a number of her patients and receives a fee or benefit from the clinic. | Related Concepts | Conflict Of Interest |
Business Ethics
This is the complete list of articles we have written about business ethics.
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A list of common business risks.
The four things that can be done about risk.
A list of techniques for reducing risk.
The potential that you'll achieve too much of a good thing.
Any risk that people have a strong aversion too.
The surprising similarities between risk and opportunity.
The difference between risk management and contingency planning.
The common types of uncertainty in decision making and strategy.
The common types of inventory risk.
An overview of common business risk management techniques.
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A list of interesting business theories.
A definition of knowledge work with examples.
A list of social processes, absurdities and strategies related to office politics.
A guide to product development.
The differences between types of knowledge.
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A few sources of competitive advantage for businesses.
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