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____ Occurs When an Authorized Person Presents a Key to Open

question 52

Multiple Choice

____ occurs when an authorized person presents a key to open a door,and other people,who may or may not be authorized,also enter.


Definitions:

Sunk Costs

Costs that have already been incurred and cannot be recovered, which should not influence future business or personal decisions.

Escalated Commitment

A pattern of behavior in which an individual or group continues to rationalize their decisions, invest additional resources, and follow a failing course of action.

Risky Shift

The tendency for groups to make riskier decisions than the average risk initially advocated by their individual members.

Faulty Hindsight

The misinterpretation or incorrect analysis of past events, often seeing them as more predictable than they actually were.

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