Multiple Choice
An increased commitment to a previous decision despite evidence that it may have been wrong is a phenomenon called ________.
A) confirmation bias
B) overconfidence bias
C) hindsight bias
D) escalation of commitment
Correct Answer:

Verified
Correct Answer:
Verified
Q60: Highly reliable organizations (HROs) are easily tricked
Q133: Alanna has just been given the assignment
Q134: Which of the following is a habit
Q136: Which of the following best describes "maximizing
Q137: Which step in the decision-making process involves
Q139: Rules of thumb that managers use to
Q140: Nonprogrammed decisions are best described as _.<br>A)recurring
Q141: _ is using math modelling,and predictive algorithms
Q142: A(n)_ occurs when decision makers think they
Q143: Management Decisions: Declining Income (Scenario)<br>Net income has