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The Phenomenon of Escalation of Commitment Refers to an Increased

question 125

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The phenomenon of escalation of commitment refers to an increased commitment to a previous decision despite evidence that it may have been wrong.


Definitions:

Managerial Aspect

Refers to the viewpoints, activities, or considerations necessary for the effective management and leadership within an organization.

IT Architecture

The structured framework used to conceptualize digital operations strategies, information processing, and technological resources of an organization.

Applications Software

Computer software designed to help users perform specific tasks or activities beyond the basic operation of the computer itself.

Application Portfolio

The set of recommended applications resulting from the planning and justification process in application development.

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