Mandla Purchases Shares in a Public Company and Refuses to Sell

question 14

Multiple Choice

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

• A) organisational delusion.
• B) problem misidentification.
• C) escalation of commitment.
• D) groupthink.
• E) suboptimising.

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Definitions:

Generation

A group of people born around the same time, who share similar cultural, social, and political attitudes.

Veteran

An individual with extensive experience or service in a particular field or occupation.

Perceptive Listener

An individual who attentively listens and is able to understand and interpret the underlying meanings in what others say.

Relational Levels

Refers to the different layers or stages of depth in interpersonal relationships, ranging from superficial to deeply personal connections.