What does the term "escalation of commitment" mean?
A) As a project proceeds toward successful completion, managers make an increased commitment to doing a good job
B) The actions that managers take as they try to get the outcomes they desire
C) As a project proceeds, managers become increasingly committed to it even if there is evidence that it is not working out as planned
D) It refers to how much a manager is willing to gamble when making decisions
E) None of these

Question

Quizplus · Accepted Answer

The term "escalation of commitment" refers to the phenomenon where managers become increasingly committed to a project even when there is evidence that it is not working out as planned. This can result in continued investment of resources (time, money, etc.) into a failing project. Option A is incorrect because the commitment is increasing even when there is evidence that the project is not working out. Option B is too broad and does not capture the specific concept of escalation of commitment. Option D is not directly related to the concept of escalation of commitment. Option E is incorrect because there is a clear definition of the term.

What Does the Term "Escalation of Commitment" Mean