Which of the following 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 is a form of decision entrapment where people persist with a failing course of action because they have already invested significant resources into it, even if the facts suggest that they should cut their losses and move on. This can result in irrational decision-making and poor outcomes.

Which of the Following Is a Form of Decision Entrapment