What Do Psychologists Call the Condition in Which Commitments to a Failing

question 45

Multiple Choice

What do psychologists call the condition in which commitments to a failing course of action are increased to justify investments already made?

• A) the lost cause effect
• B) the escalation effect
• C) the loss justification effect
• D) the polarization effect

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Definitions:

Management By Exception-Passive

A leadership style where the leader only intervenes or takes action in the case of significant deviations from expected performance.

Annual Performance Review

A yearly evaluation process in which an employee's work performance, achievements, and objectives are assessed by a supervisor or manager.

Contingent Reward

A leadership strategy where the leader sets specific goals and provides rewards to followers for achieving those goals.

Reciprocal Process

A mutual exchange or interaction in which two or more parties can influence each other in dynamic ways.