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All main topics / Business Economics / Behavior, Managment and Organisation / BMO
271
What is the term used for an increased commitment to a previous decision in spite of negative
information?
A) escalation of commitment
B) hindsight
C) satisficing
D) representative
E) rose-colored-glasses
a)

p.185, definition on bottom of page

" Escalation commitment = An increased commitment to a previous decision in spite of negative information "
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Flashcard info:
Author: Elisa
Main topic: Business Economics
Topic: Behavior, Managment and Organisation
School / Univ.: Hanze Hogeschool
City: Groningen
Published: 14.02.2010

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