Multiple Choice
Which of the following illustrates the phenomenon of "escalating commitment"?
A) an increase in the commitment to a decision only when it begins to prove itself as correct or profitable
B) continuing to invest time and money in a solution despite evidence of failure
C) the need for top management to accept decisions made by lower levels and commit to their implementation
D) incremental decision-making
Correct Answer:
Verified
Correct Answer:
Verified
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