Match the Following: -Escalation of Commitment

question 52

Multiple Choice

Match the following:
-Escalation of commitment

• A)Shortcuts in decision making that save mental activity
• B)An inclination to choose options displaying minimal risk
• C)A decisional situation where options have probabilities of success
• D)An individual's preferred method for gathering information and evaluating alternative
• E)The tendency to continue to support a failing course of action

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Definitions:

Euros

The official currency of the eurozone, which consists of 19 of the 27 European Union member states.

Credit Item

An entry that increases the balance of a firm's or individual's account in financial statements.

Balance of Payments

A record of all financial transactions made between a country and the rest of the world over a specific period.

Debit

A financial record that leads to a rise in assets or a reduction in liabilities on a corporation's balance sheet.