What Decision-Making concept is reflected in the popular adage, "If at first you don't succeed, try, try again?"

A) Intuition
B) Escalating commitment
C) Bounded rationality
D) Non-programmed Decision-Making
E) Satisficing

Escalating commitment

A decision-making process where individuals or organizations continue to invest in a failing course of action due to the significant resources already spent.

Non-programmed Decision-Making

The process of making decisions in unpredictable and unique situations, requiring creative and critical thinking beyond routine procedures.

Satisficing

A decision-making strategy that aims for a satisfactory or adequate result, rather than the optimal solution, due to constraints.