regulatoryBody NABARD Grade A Prelims Mock Test 2024 Management Concepts of Management Decision Making
Which statement accurately defines "escalation of commitment" in decision-making?
1
Focusing only on a specific desired result
2
Avoiding decisions due to uncertainty
3
Investing additional resources in a failing endeavor due to previous investments
4
Generating ideas in brainstorming sessions
5
Depending on a single piece of information for making decisions