Though the new mentoring program doesn't seem to be working very well,Principal McVickers argues that the school should continue to invest in it because they have already committed so many resources to it.What does this example illustrate?

Question

Quizplus · Accepted Answer

This example illustrates the escalation effect, where individuals or organizations continue to invest in a project despite evidence of its failure, often because they have already invested significant resources into it and hope to justify these past investments by continuing.

Though the New Mentoring Program Doesn't Seem to Be Working