course hero which of the following best defines escalation of commitment?

by Mr. Alfred Johnston 5 min read

What are the causes of escalation of commitment in decision making?

This escalation of commitment may be due to: a. Perceptual biases. b. Judgmental biases. c. Impression management. When choosing whether or not to continue pursuing a selected course of action, previous commitments and spent resources should be regarded as ____________ . sunk costs.

What is the failure of initial commitment?

The failure of the initial commitment can be explained with a causal, unrelated account. c. The escalation is made by an individual, compared with escalation made by a group. Which is not a good mechanism for protecting oneself from irrational escalation of commitment?

What is the difference between individual escalation and group escalation?

The escalation is made by an individual, compared with escalation made by a group. Which is not a good mechanism for protecting oneself from irrational escalation of commitment?

Is the confirmation trap a primary underlying bias of escalation of commitment?

T or F The confirmation trap is a primary underlying bias of escalation of commitment. Escalation of commitment is more pronounced in simultaneous decisions than in serial decisions. False.

About This Quiz & Worksheet

Escalation of commitment is an important concept for you to know, and this quiz/worksheet will help you test your understanding of its meaning and potential consequences.

Additional Learning

To learn more about escalation of commitment and the dangers associated with it, review the accompanying lesson titled Escalation of Commitment: Definition & Examples. After successful completion of the lesson, you'll have mastered these learning objectives: