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In the 1930s,the industrial union movement
Ethical implications
The moral consequences or considerations arising from actions, decisions, or policies in personal, professional, or organizational contexts.
Decision entrapment
A situation where individuals continue to invest in a decision despite new evidence suggesting it may have been the wrong choice.
Satisficing
A decision-making strategy that involves selecting an acceptable or adequate solution, rather than the optimal one.
Escalating commitment
The phenomenon where people increase their investment or continue a course of action even if it's not leading to the desired outcome, often to justify prior investments.
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