__________ is a form of decision entrapment that leads people to do things that the facts of a situation do not justify.
A)Intuition
B)Nonprogrammed Decision-Making
C)Satisficing
D)Bounded rationality
E)Escalating commitment

Question

Quizplus · Accepted Answer

Escalating commitment refers to a situation where individuals continue to invest time, money, or other resources into a course of action even when it becomes clear that the outcome will not be positive. This can occur due to various reasons such as emotional attachment to a project, fear of failure, or a desire to avoid acknowledging sunk costs. As a result, people end up making decisions that are not rational or justified by the facts of the situation.

__________ Is a Form of Decision Entrapment That Leads People