To Avoid Escalation of Commitment, Managers Should Compare Actual Progress

question 84

True/False

To avoid escalation of commitment, managers should compare actual progress with goals and timetables to conduct reality checks.

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Definitions:

Altruism

The belief in or practice of disinterested and selfless concern for the well-being of others.

Selfless Action

An act performed with no expectation of reward or recognition, often motivated by a desire to help or benefit others.

Groupthink

A psychological phenomenon that occurs within a group of people, where the desire for harmony or conformity in the group results in an irrational or dysfunctional decision-making outcome.

Dissenting Engineers

Engineers who disagree with the majority opinion within their professional community, often raising ethical, safety, or procedural concerns.