The Tendency to Increase Effort and Perhaps Apply More Resources

question 3

Multiple Choice

The tendency to increase effort and perhaps apply more resources to pursue a course of action that is not working is known as:

• A) heuristics.
• B) cost-benefit impact.
• C) satisficing.
• D) escalating cost impact.
• E) escalating commitment.

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Definitions:

Consolidations

Combinations of two or more corporations where none of the original corporations continue to exist as a legal entity.

Asset Purchase

A type of business transaction where the buyer acquires specific assets and liabilities from the seller instead of buying the company's shares.

Tangible Assets

Physical and material assets that hold value, such as machinery, buildings, and land.

Intangible Assets

Non-physical assets of value owned by a business, such as intellectual property, brand recognition, and goodwill.