Which of the following cognitive biases occurs when decision makers commit even more resources if they receive feedback that the project is failing?
Options:
O Prior hypothesis bias
O Escalating commitment
O Illusion of control
O Reasoning by analogy
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which of the following cognitive biases occurs when decision makers commit even more resources if they receive feedback that the project is ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Turnbull Company is considering a project that requires an initial investment of $570,000.00. The firm will raise the $570,000.00 in capital by issuing $230,000.00 of debt at a before-tax cost of 11.10%, $20,000.00 of preferred stock at a cost of 12.
Answers (1)
Gainsharing plans are: a. based on any organization factor whose costs can be calculated, where a share of the gain is provided to the employees. b.
Answers (1)
George, an unmarried cash basis taxpayer, received the following amounts during 2016:Interest on savings accounts$2,000Interest on a State bond600Interest on City of Salem school bonds350Interest portion of proceeds of a 5% bank certificate of
Answers (1)
What is the alternate name for income tax return form1040?
Answers (1)
A good way to remind agitated drivers that nobody's out to get them is to: A. Drive slowly in front of them B. Report them to the police C. Treat them with extra courtesy
Answers (2)
New Questions in Business
Chen runs a consulting firm that provides strategies to companies that are into space exploration. What type of business does Chen own? A. manufacturing B. merchandising C. service D. wholesale
Answers (1)
A department store has budgeted sales of 12,000 men's suits in September. Management wants to have 6,000 suits in inventory at the end of the month to prepare for the winter season. Beginning inventory for September is expected to be 4,000 suits.
Answers (1)
Identify the strengths and weaknesses of a partnership
Answers (1)
The managers of a restaurant have decided to utilize the Hawthorne effect to increase productivity, which means using cameras to film employees at work in order to isolate the parts of a job. a. True b. False
Answers (1)
An airline expects to SELL one million gallons of jet fuel in one month and decides to use heating oil futures for hedging. We suppose the correlation between jet fuel price and heating oil price is 0.93, the volatility of heating oil price is 0.
Answers (1)