This topic contains a solution. Click here to go to the answer

Author Question: Define escalation of commitment. Why does it occur? What will be an ideal ... (Read 222 times)

jayhills49

  • Hero Member
  • *****
  • Posts: 559
Define escalation of commitment. Why does it occur?
 
  What will be an ideal response?

Question 2

Research on brainstorming shows:
 
  A) that it works best with unique problems requiring creative solutions.
  B) that groups are most productive when being creative.
  C) that people feel inhibited by the presence of others when sharing far-out ideas.
  D) All of these.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

phuda

  • Sr. Member
  • ****
  • Posts: 348
Answer to Question 1

Escalation to commitment is the tendency of decision makers to invest additional time, money, or effort into what are essentially bad decisions or unproductive courses of action that are already draining resources.

Escalation of commitment occurs for several reasons. First, decision makers do not want to admit to themselves or to other people they have made a mistake. Second, decision makers erroneously believe that an additional commitment of resources is justified, given how much has already been spent, and that it may help to recoup some of the losses. Third, decision makers have a tendency to take more risks when they view decisions in negative terms rather than positive terms.

Answer to Question 2

C




jayhills49

  • Member
  • Posts: 559
Reply 2 on: Jul 7, 2018
Great answer, keep it coming :)


amandanbreshears

  • Member
  • Posts: 320
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

For a complete list of videos, visit our video library