Examlex
Managers block or distort negative information when they are personally responsible for a negative decision, and consistency and persistence are valued in contemporary society. These are the two explanations why managers escalate commitment to a failing decision.
Automatic Processes
Mental activities that occur without conscious awareness or control, often as a result of learning and repetition.
Self-serving Bias
The common tendency to attribute successes to personal characteristics and failures to external factors.
Situational Factors
External influences or conditions that affect decision-making, behavior, or performance in varying scenarios.
External-unstable Factor
refers to outside influences that can affect behavior or outcomes but are inconsistent and unpredictable, such as luck or chance.
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