Question: What does the term escalation of commitment mean? a . None of these b . It refers to how much a manager is willing to

What does the term "escalation of commitment" mean?
a. None of these
b. It refers to how much a manager is willing to gamble when making decisions.
c. As a project proceeds, managers become increasingly committed to it, even if there is evidence that it is not working out as planned.
d. As a project proceeds toward successful completion, managers make an increased commitment to doing a good job.
e. The actions that managers take as they try to achieve outcomes they desire
 What does the term "escalation of commitment" mean? a. None of

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!