How Can You Effectively Manage Decisions in Order to Avoid

question 18

Multiple Choice

How can you effectively manage decisions in order to avoid escalation of commitment?

• A) Don't have individuals making initial investment decisions.
• B) Don't reward people who admit to poor decisions.
• C) Don't allow graceful exits from poor decisions.
• D) Don't split the responsibility for decisions about projects.

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Definitions:

Rousseau

Jean-Jacques Rousseau, an 18th-century philosopher who focused on the importance of nature, the critique of modernity, and the concept of the social contract influencing political theory.

General Will

A concept in political philosophy referring to what is in the best interest of the public or society as a whole, famously discussed by Rousseau.

Positive Freedom

The possession of the power and resources to fulfill one's own potential, as opposed to merely being free from restraint.

Determinism

The philosophical idea that all events, including moral choices, are completely determined by previously existing causes.