Question: Which is a behavioral process in which a decision maker stays with a decision even when it appears to be wrong? a . Strategic maximization

Which is a behavioral process in which a decision maker stays with a decision even when it appears to be wrong?
a. Strategic maximization
b. Intuitive rationality
c. Escalation of commitment
d. Risk propensity
e. Bounded optimization

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!