________ Refers to Staying with a Decision Even When There

question 78

Multiple Choice

________ refers to staying with a decision even when there is clear evidence it's wrong.

• A) Escalation of commitment
• B) Fundamental attribution error
• C) Randomness error
• D) Risk aversion
• E) Availability bias

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Definitions:

Social Media

Platforms and websites that enable users to create and share content or participate in social networking, influencing public opinion and communication patterns.

Virtual Meetings

Online gatherings facilitated by digital platforms, allowing participants to interact and collaborate remotely without the need for physical presence.

Specific Environment

The unique external forces and entities that directly impact an organization's operations, including customers, competitors, suppliers, and regulatory agencies.

General Environment

The broad external conditions that affect organizations, including economic, legal, technological, and cultural factors.