The Idea That Once a Manager Makes a Large Investment,he

question 61

Multiple Choice

The idea that once a manager makes a large investment,he should not abandon the project is known as the:

• A)negative NPV fallacy.
• B)abandonment fallacy.
• C)sunk cost fallacy.
• D)dependence fallacy.

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Definitions:

Logical Order

The organization of ideas or steps in a sequence that makes sense, ensuring clarity and effectiveness in communication or processes.

Background Information

Contextual details provided to enhance understanding of a topic, situation, or story.

Relevant

Pertaining to the matter at hand; closely connected or appropriate to the subject.

Revise Messages

The act of reviewing and altering messages to improve clarity, effectiveness, or accuracy.