Escalation of commitment is more likely to occur when:
A) the decision maker has a strong need to justify their decision.
B) the costs of ending the project are high or unknown.
C) the decision maker screens out negative information about the decision due to perceptual defense.
D) The decision maker dislikes losing a particular amount more than he/she likes gaining the same amount.
E) all of these conditions exist.
Correct Answer:
Verified
Q24: People with a high need to 'save
Q31: Scenario planning improves decision making by encouraging:
A)employees
Q103: After choosing among several computer server systems,the
Q105: Ensuring that the person who makes the
Q106: Which of the following decision-making activities tends
Q107: Intuition relies on which of the following?
A)Escalation
Q108: The most accurate view of intuition is
Q110: The tendency for people to dislike losing
Q113: A decision maker's need to justify their
Q146: Which of the following questions is NOT
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents