What are the three reasons managers may hang on to a losing course of action or escalate their commitment?
A) external locus of control,overly optimistic,and cognitive dissonance
B) cognitive dissonance,overly optimistic,and illusion of control
C) internal locus of control,cognitive dissonance,and illusion of control
D) internal locus of control,cognitive dissonance,and overly optimistic

Question

Quizplus · Accepted Answer

Managers may escalate commitment due to cognitive dissonance (discomfort from holding conflicting ideas), being overly optimistic about outcomes, and the illusion of control (believing they can influence uncontrollable events).

What Are the Three Reasons Managers May Hang on to a Losing