Which of These Is NOT a Reason Escalation of Commitment

question 98

Multiple Choice

Which of these is NOT a reason escalation of commitment bias would occur?

• A)People don't want to admit they are wrong.
• B)People believe that if they just devote more time/money/energy they can recover their losses.
• C)People want to preserve their reputation.
• D)People observe that what is more readily available is more likely to occur.

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Definitions:

Online Travel Agency

A web-based platform that allows consumers to book travel-related services such as flights, hotels, and rental cars.

Music Streaming

A service that allows users to listen to music online without downloading it, by means of continuous data streaming.

Idle Production Capacity

Unused or unutilized facility, equipment, or resources in a manufacturing process that could otherwise produce goods or services.

Equipment-based Services

Services that are primarily provided through the use of specialized machinery or equipment, often in sectors like healthcare, construction, or manufacturing.