To avoid escalation of commitment, managers should compare actual progress with goals and timetables to conduct reality checks.

Name: To avoid escalation of commitment, managers should compare actual progress with goals and timetables to conduct reality checks.
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Question

Quizplus · Accepted Answer

This is a widely recommended practice to avoid falling into the trap of escalation of commitment. By conducting reality checks, managers can make informed decisions about whether to continue investing resources or to cut losses and move on.

To Avoid Escalation of Commitment, Managers Should Compare Actual Progress