Which of the following is true about the management of conflicts of interest?

Management plans are essential in addressing conflicts of interest because they provide a structured approach to mitigate any potential bias that might affect research integrity and trustworthiness. Such plans may include strategies like oversight, monitoring, or limiting the involvement of individuals in decision-making processes where conflicts exist. By implementing management plans, organizations ensure that conflicts do not compromise the research findings, thus maintaining ethical standards and public trust in the research results.

Developing these plans is crucial since simply disclosing a conflict does not inherently resolve the ethical implications that arise from it. It is also essential to understand that researchers may encounter various situations where it is impractical or impossible to completely eliminate conflicts, emphasizing the importance of management rather than elimination. This approach not only protects the integrity of the research but also upholds the ethical responsibilities researchers have towards their work and the community.