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Author Question: The phenomenon of escalation of commitment refers to an increased commitment to a previous decision ... (Read 215 times)

faduma

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on: Jul 7, 2018
The phenomenon of escalation of commitment refers to an increased commitment to a previous decision despite evidence that it may have been wrong.
 
  Indicate whether the statement is true or false.

Question 2

According to the concept of bounded rationality, managers make decisions rationally, but are limited by their ability to process information.
 
  Indicate whether the statement is true or false.


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zoeyesther

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Reply #1 on: Jul 7, 2018
Answer to Question 1

Answer: TRUE

Answer to Question 2

Answer: TRUE


faduma

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Reply 2 on: Jul 7, 2018
Thanks for the timely response, appreciate it

meganmoser117

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Reply 3 on: Yesterday
Excellent

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