Roger Purchases Stock in a Public Company and He Refuses

question 30

Multiple Choice

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

• A)organizational delusion.
• B)problem misidentification.
• C)escalation of commitment.
• D)groupthink.
• E)self-reactions.

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Definitions:

Host-Country Nationals

Employees who are citizens of the country in which a foreign subsidiary is located, hired by a multinational organization.

Local Workforce

The pool of potential employees living in the vicinity of a place of employment.

Job Responsibilities

Refers to the specific duties, tasks, and functions that an employee is expected to perform in their role.

Masculine Traits

Characteristics traditionally associated with men, such as assertiveness, competitiveness, and physical strength.