Escalation of Commitment

question 52

Multiple Choice

Escalation of commitment

• A)involves committing more and more resources to a failing course of action.
• B)illustrates how decision makers often ignore sunk costs.
• C)only occurs when the decision maker is responsible for beginning a course of action.
• D)runs counter to the general tendency for decision makers to try to justify their actions.
• E)is the most common outcome of information overload.

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Definitions:

Binary Patterns

A method for representing information using two states or symbols, typically 0 and 1.

CPU

Central Processing Unit, the primary component of a computer that performs most of the processing inside a computer.

Pyruvate

A key intermediate in several metabolic pathways, particularly glycolysis, where glucose is broken down to produce energy.

Glucose

A simple sugar that is an important energy source in living organisms and is a component of many carbohydrates.