Avoiding the Escalation of Commitment Trap in Decision Making Can

question 143

True/False

Avoiding the escalation of commitment trap in decision making can be accomplished by setting advance limits on involvement, determining why the particular course of action is right, keeping in mind the costs involved, and not letting others influence your decision.

---

Definitions:

Expectancy Theory

A motivational theory that suggests an individual's motivation is an outcome of how much an individual wants a reward (Valence), the assessment that the likelihood that the effort will lead to expected performance (Expectancy) and the belief that the performance will lead to a reward (Instrumentality).

Motivate Employees

The act of inspiring and encouraging workers to perform their duties effectively and with enthusiasm.

Valued Outcomes

Results or end-states that are deemed important, beneficial, or of significant worth by a person or group.

Expectancy Theory

A motivational theory suggesting that individuals are more likely to be motivated to perform if they believe that their efforts will lead to desirable outcomes.