the tendency of decision makers to remain committed to poor decision, even when doing so leads to increasingly negative outcomes refers to

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10-11-2022
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the tendency of decision makers to remain committed to poor decision, even when doing so leads to increasingly negative outcomes refers to

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qwyellow qwyellow · Answer 1 · 2022-11-15T16:08:22+01:00

The tendency of decision-makers to remain committed to a poor decision, even when doing so leads to increasingly negative outcomes refers to the escalation of commitment.

Barry M Staw described the escalation of commitment in 1976, in his paper titled "Knee Deep in Big Muddy: A study of escalating Commitment to a chosen course of action".

Escalation of commitment is a behavior where the individual or group decision-makers continue to stick to their decision or investment even after having the negative outcome of their decisions consistently.

The decision-makers try to stick to the decisions due to their repetition in past. It takes place when the decision-makers invest resources, money, and time in a failing action.

Learn more about escalation of commitment here https://brainly.com/question/28902904

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