Which of the following is a method of reducing escalation of commitment?
A. Splitting the responsibility for project decisions
B. Increasing a decision maker's cognitive dissonance
C. Motivating decision makers to be highly optimistic about their decisions
D. Encouraging decision makers to not give up on their poor choices
Answer: A
You might also like to view...
Which of the following situations is not the result of a weakness in or lack of internal controls?
A. Financial statements are misstated because individuals were able to update financial information beyond that needed to perform their job functions. B. Earnings per share are misstated due to a spreadsheet error. C. A sales order is placed on back-order, but is never filled or canceled. D. The vendor bills an amount different than the amount entered on the purchase order.
Cross-sectional design is a type of research design involving a fixed sample of population elements that is measured repeatedly
Indicate whether the statement is true or false
If we use 2,000 labor hours to produce 400 units of a product, then ______.
A. using the multifactor productivity measure, we get 5 units per labor hour B. using the single-factor productivity measure, we get 5 units per labor hour C. using the multifactor productivity measure, we get 1 unit per 5 labor hours D. using the single-factor productivity measure, we get 1 unit per 5 labor hours
Usuryx Co charges interest on all credit. On its credit application form the term is stated as "interest on unpaid balance over 30 days at 1% per month." Slident Co has an amount owning beyond the 30 days period
Which of the following statements is TRUE? A) Slident will have to pay interest at the rate of 1% per month. B) Slident will have to pay interest at the rate of 5% per annum. C) Slident will not have to pay any interest because the term violates the Interest Act. D) Slident will have to pay interest at 12% per annum. E) Slident will have to pay interest at 12% annually but not any administration costs.