Multiple Choice
Match each of the following situations with the concept it most clearly illustrates.
-escalation of commitment
A) Hugh needs to buy a new laptop.He searches online until he finds the first laptop that fits his price and performance needs, then he immediately buys it.
B) In a hand of poker, Kevin makes a bid and Julie calls.Later, Kevin makes a higher bid, and Julie calls again.At the end of the hand, when Julie goes all in, Kevin's almost certain she has the better cards.However, because he's already invested so much in the hand, Kevin feels obliged to call.
C) On paper, the candidate seems excellent, so Nina invites him for an interview, which goes swimmingly.Still, something about the guy seems "off" to Nina, and though she can't put her finger on what it is, she hires someone else.
D) Simone knows that the laptop she's about to buy from the electronics store is both more expensive and of lower quality than a laptop she could buy online.However, she desperately needs a laptop immediately, so goes ahead with the purchase.
Correct Answer:

Verified
Correct Answer:
Verified
Q41: Post-decision _ refers to the doubt, tension,
Q42: Which of the following statements about brainstorming
Q43: Nonprogrammed decisions are most common at what
Q44: Susan's recent decision about which company her
Q45: One of the strengths of the _
Q47: According to the rational decision-making approach, evaluate
Q48: The sales department at a local company
Q49: When groupthink occurs,silence is viewed as agreement.This
Q50: Which of the following is true about
Q51: Decisions that recur infrequently and have no