A Company Called Techno Plus LLC Experienced a Failed Acquisition

question 20

Multiple Choice

A company called Techno Plus LLC experienced a failed acquisition, but the managers of the company were hesitant to end the venture as they had already invested too much time, finances, and effort into it. They presumed that everything would work out with a little more money and time. This attitude of the managers of Techno Plus LLC can be termed _________.

• A)hubris
• B)arrogance
• C)positive thinking
• D)sunk cost fallacy

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Definitions:

Promotion and Maintenance

The actions and strategies implemented to enhance and preserve the well-being, functionality, or status of something or someone.

Chronic Illness Trajectory

A framework that outlines the progression and pattern of a chronic disease over time, including stages and transitions experienced by patients.

Patient's Support System

A network of individuals, such as family, friends, and healthcare professionals, who provide emotional, informational, and practical support to a patient.

Personal Perceptions

Refers to an individual's unique interpretation or understanding of stimuli or events based on their own experiences and beliefs.