Which of the Following Best Defines Escalation of Commitment

question 44

Multiple Choice

Which of the following best defines escalation of commitment?

• A)the tendency to invest in a project when it offers increasing returns over a period of time
• B)the tendency of employees to increase productivity at work when provided with incentives
• C)the tendency of employees to quit an organization when their needs are being disregarded
• D)the tendency to continue to invest in a project despite mounting evidence that it is not succeeding

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Definitions:

Track Record

The history of performance, achievements, or the reliability of an individual, organization, or product over a period of time.

Contract Expires

The moment when a formal agreement, particularly relating to employment or services, reaches its end date and is no longer in effect unless renewed.

Secondary Boycott

A form of protest in which a union refuses to work for, or urges others to boycott, companies that do business with an employer it is in dispute with.

Taft-Hartley Act

A 1947 US federal law that restricted the activities and power of labor unions, including prohibiting certain types of strikes and requiring union leaders to swear anti-communist oaths.