When Managers Committed to an Incorrect Course of Action Increase

question 41

Multiple Choice

When managers committed to an incorrect course of action increase their commitment to this action even as its limitations become manifest, this is known as

• A) de-escalation of commitment.
• B) diseconomies of scale.
• C) escalation of commitment.
• D) economies of scale.

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Definitions:

Empiricist Philosophy

A philosophical approach emphasizing that knowledge is primarily derived from sensory experience.

John Locke

a 17th-century English philosopher known for his work in political philosophy and epistemology, often considered the father of liberalism.

Visual World

The complex and dynamic perception of the environment and objects around us through the sense of sight.

Innate

Describes characteristics or abilities present from birth, not acquired through experience.