Question: STATEMENT: To date there have been no real results from the $ 1 . 5 million dollar expenditure that you - - the Vice -

STATEMENT: To date there have been no real results from the $1.5 million dollar expenditure that you -- the Vice-President of Human Resources -- authorized for the implementation of a company-wide Information Technology (IT) payroll project last year.
The project managers are now asking you for an additional $1 million, promising that the system will be fully operational by the end of the year.
Through your industry network, you learn of other companies in Canada and overseas that have tried to implement this particular vender software that your project team has adopted. All of these companies have failed in their efforts.
Your continuing support for this project instead of cancelling it would clearly demonstrate that you are engaging in a decision making bias known as ______________.
Question 1 options:
rational decision-making.
high risk propensity (i.e., natural inclination).
intiution.
escalation of commitment.
politics.

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