If Cristina Insists on Continuing on a Course of Action

question 47

Multiple Choice

If Cristina insists on continuing on a course of action even though it is not working,she is falling in the trap of which of these?

• A) Escalating commitment
• B) Framing error
• C) Anchoring heuristic
• D) Availability heuristic

Analyze the appropriateness of using the S&P 500 as a proxy for the global market portfolio.

Understand the role of top executives in facilitating cooperation within an organization.

Identify the importance of position power for controlling disruptive behaviors within an organization.

Recognize the substantial progress made in understanding effective leadership in recent decades.

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Definitions:

Partial Recall Phenomenon

The ability to remember a portion of an experience or information, but not the totality, often influenced by psychological factors and retrieval cues.

Classical Conditioning

A conditioning method where two stimuli are paired together repeatedly; a response that initially occurs in response to the second stimulus eventually occurs in response to the first stimulus.

Cerebellum

A region of the brain that plays a significant role in motor control, and it may also be involved in some cognitive functions.

Schemas

Cognitive structures that help individuals organize and interpret information, based on their accumulated knowledge and experiences.