Escalation of Commitment Can Occur When People Don't ________

question 38

Multiple Choice

Escalation of commitment can occur when people don't ________.

• A)want to admit that an earlier decision was flawed
• B)accept current conditions
• C)understand that conditions have changed
• D)want to make a decision

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Definitions:

Customized Items

Products or services tailored to meet the specific needs or preferences of an individual customer or market segment.

Mitigate Risks

The process of taking action to minimize the likelihood and impact of undesired events or risks.

Supply Managers

Professionals responsible for overseeing supply chain operations, including procurement, inventory management, and supplier relationships.

Strategies

Plans of action designed to achieve a long-term or overall aim, especially in business, marketing, or competitive contexts.