Which of the Following Is an Effective Way of Managing

question 84

Multiple Choice

Which of the following is an effective way of managing decisions in order to avoid escalation of commitment?

• A)Don't split the responsibility for decisions about projects.
• B)Don't reward people who admit to poor decisions.
• C)Don't allow graceful exits from poor decisions.
• D)Have groups rather than individuals make initial investment decisions.

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Definitions:

Gasoline

A volatile, flammable liquid derived from petroleum, commonly used as fuel for engines.

Rate Of Pay

the amount of money that is given in exchange for work performed, typically expressed per time period worked (e.g., hourly, monthly).

Hour

An hour is a unit of time equal to 60 minutes, commonly used to measure the duration of events or the length of shifts in various contexts.

Earned

Income received for work performed or investments. It can refer to wages, salaries, or other forms of income.