Escalation of Commitment Can Be Minimised by Ensuring That

question 44

Multiple Choice

Escalation of commitment can be minimised by ensuring that:

• A) There are ready-made alternatives to resolve the problem
• B) Those who choose the decision are different from those who implement and evaluate it
• C) The team leader has strong opinions about the preferred options
• D) Organisational goals are relatively ambiguous

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Definitions:

Required Return

The return a investor expects to earn on an investment, taking into account the risk associated with it.

Selling

The act of offering goods or services in exchange for money or other compensation.

Dividend

A portion of a company's earnings distributed to shareholders as a return on their investment.

Constant

An unchanging value in an equation or model, or a fixed value that does not vary over time.