A corporation might have invested so much in a particular strategy that top management is unwilling to accept its failure.This is an example of which strategy to avoid?
A) follow the leader
B) hit another home run
C) arms race
D) do everything
E) losing hand

Question

Quizplus · Accepted Answer

This scenario is an example of the "losing hand" strategy to avoid, where a corporation continues to invest in a failing strategy due to prior investments, rather than cutting losses and moving on.

A Corporation Might Have Invested So Much in a Particular