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)minimize problem identification.
E)reduce the incidence of satisficing.

Question

Quizplus · Accepted Answer

Establishing a pre-set level at which the decision is abandoned or re-evaluated helps to minimize escalation of commitment. This means that it helps to avoid investing more resources in a failing decision and instead allows for re-evaluation and potentially finding a better alternative.

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