Jim Purchases Stock in a Public Company and He Refuses

Multiple Choice

Jim purchases stock in a public company and he refuses to sell it even after repeated drops in the original price he paid for the stock.Jim has decided to purchase more of the stock in anticipation of making a profit, and has decided to keep the stock in the face of increasing losses.Jim is suffering from

A) organizational delusion.
B) problem misidentification.
C) escalation of commitment
D) groupthink.
E) self-reactions