A Manager Might Insist That Separating a Decision into Multiple

question 47

Multiple Choice

A manager might insist that separating a decision into multiple parts will guarantee that the decisions made will turn out well.This allows for an assessment of the project at each stage,lessening the likelihood the project will fall prey to which of the following?

• A) incremental investment
• B) illusion of control
• C) escalation of commitment
• D) paralysis by analysis

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Definitions:

Performance Goals

Specific, measurable targets set by an individual or team to achieve desired outcomes within a certain timeframe.

Strategic Intent

Strategic Intent refers to a company's ambitious and focused determination to achieve competitive advantage and operational goals, guiding its strategy and actions.

Competitive Positions

The standing of a company in relation to its competitors in the industry, determined by factors such as market share, product quality, and brand strength.

Strategic Intent

The focused determination to achieve an organization's long-term goals, often embodying its competitive advantage and core values.