Escalation-of-commitment trap


Assignment:

Q1. Can the availability and the representativeness heuristics operate simultaneously? Why or why not?

Q2. How might decision-making groups fall into the escalation-of-commitment trap?

Q3. Why do members of diverse groups sometimes find it hard to make a decision?

Q4. In what ways can conflict in a decision-making group be both an advantage and a disadvantage?

Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

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Business Law and Ethics: Escalation-of-commitment trap
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