Examlex
Escalation of commitment can be minimised by ensuring that:
Decentralization
The distribution of decision-making powers from central authority to subsidiary levels in an organization.
Advantage
A condition or circumstance that puts one in a favorable or superior position compared to competitors.
Franchisor
A company that grants the license to an individual or group to carry out and operate a business under its brand and trademark.
License
A legal permission granted by a competent authority allowing a party to engage in a particular activity or to use a specific piece of intellectual property.
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