Escalation of commitment occurs because
A)decision makers do not want to admit they were wrong.
B)strict "turn back" points have been established.
C)persistence pays off.
D)decision makers lack personal pride.

Question

Quizplus · Accepted Answer

Escalation of commitment occurs when decision makers continue to invest resources in a failing decision or project, even after recognizing it is unlikely to succeed. This is often because they do not want to admit they were wrong and may feel embarrassed or ashamed of their initial decision. Therefore, option A is the best choice.

Escalation of Commitment Occurs Because