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Escalation of Commitment Refers to Committing More and More Resources

question 53

True/False

Escalation of commitment refers to committing more and more resources to a failing course of action.


Definitions:

Verity

signifies the quality or state of being true or real.

Vitality

The quality or state of being full of life, energy, and vigor.

Justice

The principle or ideal of fairness and moral righteousness, especially in the administration of the law.

Chancellor

A high-ranking official in certain legal or educational institutions, or a judge in courts of equity.

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