Recognizing That It May Be in Managers' Best Interests to Be

question 11

Multiple Choice

Recognizing that it may be in managers' best interests to be overly optimistic when proposing projects,how might firms effectively control this impulse?

• A) Employ capital rationing.
• B) Discontinue investment proposals.
• C) Fire managers after their first mistake.
• D) Fund all project proposals.

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Definitions:

Promotion Focus

Concentration on achieving positive outcomes and aspirations, often guiding decision-making and behavior towards growth and accomplishments.

Positive Outcome

The beneficial result or impact of an action, decision, or event.

Positive Emotions

Feelings that are enjoyable or desirable, such as happiness, joy, or contentment.

Self-Esteem

A person's personal assessment of their value.