Escalation of Commitment Occurs When Employees Increase Their Support for a Decision

question 168

True/False

Escalation of commitment occurs when employees increase their support for a decision because most of their colleagues also support that decision.

---

Definitions:

Recyclable Materials

Materials that can be processed and used again, often after being recovered from waste or by-products.

RFID

Radio-frequency identification, a technology used to identify and track tags attached to objects.

Process Focus

A management strategy that emphasizes the importance of optimizing and improving specific core processes within an organization to achieve better overall performance.

Lean Production

A systematic method for waste minimization within a manufacturing system without sacrificing productivity, which can involve the identification and steady elimination of non-value-added activities.