When a manager decides to continue pursuing a course of action that facts otherwise indicate is failing
Question:
When a manager decides to continue pursuing a course of action that facts otherwise indicate is failing to deliver desired results, this is called ____________.
(a) strategic opportunism
(b) escalating commitment
(c) confirmation error
(d) the risky shift
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The correct answer is b escalating commitment Escalating commitment also known as the sunk cost fall...View the full answer
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Related Book For
Management
ISBN: 9781119323990
4th Canadian Edition
Authors: Barry Wright, Daniel G. Bachrach, John R. Schermerhorn
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