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Escalation of Commitment

What do you understand by recognizing escalation of commitment managerial decision making?

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Here is what I understand by recognizing escalation of commitment managerial decision making. When any kind of investment is needed, then an escalation of commitment is the correct direction to go in handling the matter. A person can increase the investment, whether it is horizontal or vertical integration in order for success to occur. In regards to managerial decision making, this is when a person recognizes that any kind of decision is working, if it has failed, and how much time is needed for those that have not done well. However, any ...

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This solution discussed what one understands by recognizing escalation of commitment managerial decision making.

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