Malik and His Managers Spent a Large Sum of Money

Multiple Choice

Malik and his managers spent a large sum of money on the new training program,and they feel that there has been little improvement as a result of the investment.The training is scheduled to continue for two more months,and Malik feels that with all the money already spent on the project,it is too costly to simply abandon it.This is known as ______.

A) blind bias
B) a training trap
C) confirmation bias
D) sunk-cost bias
E) a catch-22 effect