Employee Q is working for a multinational corporation (ABC) as its purchasing officer. Her husband owns a company called Renovator XYZ that specialises in office renovations. When the ABC announces its plans to open another branch office in Kuala Lumpur, Employee Q recommends that Renovator XYZ carry out the office renovations since they are experienced in the industry and can offer a good discount. As per company policy, 3 quotations are obtained from different renovation companies and Renovator XYZ ends up being the cheapest priced. Employee Q did not specifically tell anybody in ABC that her husband owns Renovator XYZ. ABC appoints Renovator XYZ to carry out the renovation work at a fee of RM1.2 million.
Based on the case above, derive your answer for the following questions below.

Examine whether there is a conflict of interest in this case? (1 mark)
What should Employee Q do to prevent the conflict that would be arise? (10 marks)
As a high level manager in the ABC, how would you address and resolve the conflict of interest problem? (4 marks) Conflict of Interest can lead to negative consequences if not disclosed properly, examine the effects of conflict of interest to ABC company.​