Asked by

Emily Becker
on Oct 24, 2024

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Which of the following is a form of decision entrapment that leads people to do things that the facts of a situation do not justify?

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

Decision entrapment

A situation where individuals continue to invest in a decision despite new evidence suggesting it may have been the wrong choice.

Satisficing

A decision-making strategy that involves selecting an acceptable or adequate solution, rather than the optimal one.

Escalating commitment

The phenomenon where people increase their investment or continue a course of action even if it's not leading to the desired outcome, often to justify prior investments.

  • Explore the critical role of ethical judgment and the risk of errors in making decisions.
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victoria joubertOct 26, 2024
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