Examlex
What is the Value Net framework? What are the steps in using this framework?
Escalation Of Commitment
The phenomenon where people increase their investment in a decision despite new evidence suggesting it may be wrong.
Advance Limits
Predetermined restrictions or ceilings on the amount of funding, resources, or credit that can be allocated or extended in advance of certain conditions being met.
Escalating Commitment
The continuation of a course of action even though it is not working.
Increase Effort
Increase effort refers to actions taken to enhance the amount of work or intensity put into achieving a task or objective.
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