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William Had Invested in an Initial Public Offering

Question 2

Multiple Choice

William had invested in an initial public offering. He kept incurring losses due to unfavorable market conditions. However, he decided to keep the investment because he had spent so much money on it. This scenario best exemplifies _____.


A) evidence-based management
B) rational decision making
C) escalation of commitment
D) rationality
E) satisficing

Correct Answer:

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