The Tendency to Stick to an Ineffective Course of Action

question 42

Multiple Choice

The tendency to stick to an ineffective course of action when it is unlikely that the bad situation can be reversed refers to:

• A) escalation of commitment bias.
• B) anchoring bias.
• C) framing bias.
• D) hindsight bias.
• E) overconfidence bias.

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Definitions:

Dangerous Orders

Instructions, usually from a higher authority, that could potentially lead to harm or pose a significant risk if followed.

Compensation Insurance Scheme

An insurance plan designed to provide compensation to employees for injuries or disabilities sustained as a result of their employment.

Workers' Compensation Act

Legislation providing financial compensation and medical care for workers who are injured on the job or contract work-related illnesses.

Canadian Human Rights Act

A statute passed by the Parliament of Canada in 1977, designed to protect individuals from discrimination based on race, gender, disability, and other enumerated grounds.