Escalation of Commitment Is More Likely to Occur When

question 27

Multiple Choice

Escalation of commitment is more likely to occur when:

• A) the decision maker has a strong need to justify their decision.
• B) the costs of ending the project are high or unknown.
• C) the decision maker screens out negative information about the decision due to perceptual defense.
• D) The decision maker dislikes losing a particular amount more than he/she likes gaining the same amount.
• E) all of these conditions exist.

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Definitions:

Physical Outputs

The tangible products or goods that are produced through the manufacturing or production process of a business.

Cooperation

A process where individuals or groups work or act together for a common purpose or benefit.

Performance Measures

Metrics and standards used to assess and evaluate the effectiveness, output, or outcomes achieved by an individual, team, or organization.

Specific Goals

Objectives that are clearly defined, measurable, achievable, relevant, and time-bound.