Which of the following actions should be adopted to reduce escalation of commitment?
A)Set maximum targets for performance
B)Avoid rotation of managers
C)Keep same managers in key positions throughout a project
D)Make decision makers aware of the costs of persistence
E)Encourage decision makers to become ego-involved with a project

Question

Quizplus · Accepted Answer

The escalation of commitment bias refers to the tendency to stick to an ineffective course of action when it is unlikely that the bad situation can be reversed. Researchers recommend that decision makers should be made aware of the costs of persistence.

Which of the Following Actions Should Be Adopted to Reduce