Which of the following statements correctly describes ldquo escalation of commitment rdquo in decisi...........

Decision making and Interpersonal Skills Statement - Courses of Action

Which of the following statements correctly describes “escalation of commitment” in decision-making?

This questions was previously asked in

Nabard grade-A, Previous year Memory Based Paper (2023)

The tendency to focus solely on a desired outcome

The tendency to avoid making decisions due to uncertainty

The tendency to invest more resources in a failing course of action based on prior investment

The process of generating ideas during brainstorming

The tendency to rely on a single piece of information for decision-making

The tendency to invest more resources in a failing course of action based on prior investment

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