If You Make a Decision That Does Not Turn Out

question 80

Multiple Choice

If you make a decision that does not turn out as planned Warren Buffet advises,"When you find yourself in a hole,stop digging." What behavioral influence on decision making does this advice attempt to prevent?

• A) Intuition
• B) Escalation of commitment
• C) Empathy
• D) Risk propensity
• E) Political forces

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Definitions:

Canadian Lake

A lake located in Canada. The term can refer to any of the thousands of lakes within the Canadian territory known for their natural beauty and ecological significance.

Summer

One of the four temperate seasons, characterized by the warmest temperatures of the year, typically occurring between spring and autumn.

Winter

The coldest season of the year, occurring between autumn and spring, characterized by lower temperatures and shorter days.

Lake Zone

A specific area or region within or around a lake, often characterized by unique ecological characteristics or management requirements.