Managers tend to favour decision choices that make their current performance look better.

Name: Managers tend to favour decision choices that make their current performance look better.
Brand: Quizplus
Rating: 4.9 (42 reviews)

Question

Quizplus · Accepted Answer

This is known as the "sunk cost fallacy" and is a common cognitive bias that affects decision making. Managers may be more likely to choose options that make their current situation look better, even if it is not the best long-term decision for the company.

Managers Tend to Favour Decision Choices That Make Their Current