Jim Purchases Stock in a Public Company and He Refuses

question 13

Multiple Choice

Jim purchases stock in a public company and he refuses to sell it even after repeated drops in the original price he paid for the stock.Jim has decided to purchase more of the stock in anticipation of making a profit, and has decided to keep the stock in the face of increasing losses.Jim is suffering from

• A)organizational delusion.
• B)problem misidentification.
• C)escalation of commitment
• D)groupthink.
• E)self-reactions

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Definitions:

Filing Dividers

Tools used in organizing files or documents into sections within a folder or binder, making it easier to locate specific information.

Heavy

Having a great weight or being of high density.

Sturdy

Describes an object or structure that is strongly and solidly built.

Filing Systems

Organized methods for storing and retrieving documents or digital information efficiently.