Establishing a pre-set level at which the decision is abandoned or re-evaluated is recommended mainly to:
A)minimize reliance on an implicit favourite.
B)avoid relying on mental models to recognize problems or opportunities.
C)minimize escalation of commitment.
D)reduce the incidence of satisficing.
E)minimize problem identification.

Question

Quizplus · Accepted Answer

Establishing a pre-set level at which the decision is abandoned or re-evaluated helps to minimize the escalation of commitment, which means continuing to invest resources in a failing course of action. This ensures that the decision can be evaluated objectively and not emotionally or based on sunk costs.

Establishing a Pre-Set Level at Which the Decision Is Abandoned