Multiple Choice
By applying a decision-making process that was successful in the past,Larry decided to acquire a new business.This business has started to incur significant losses.Despite this,Larry refuses to admit the incompatibility of his decision-making process with every premise and persists with it.In this scenario,which of the following is evident?
A) Progress trap
B) Information distortion
C) Evidential reasoning
D) Escalation of commitment
Correct Answer:
Verified
Correct Answer:
Verified
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