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alliwantisthis alliwantisthis
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8 years ago
Pat is the manager of a large project that has been underway for the last eight months. It has now become apparent that, due to various external factors, the project is unlikely to succeed. Even though the best option would be to withdraw from the project, Pat continues to pump money and resources into it in the hope that the project's prospects will change. He reasons that he doesn't want all those months of hard work to go to waste. This is an example of the ________.
A) self-serving bias
B) hindsight bias
C) availability bias
D) sunk costs error
Textbook 
Management

Management


Edition: 12th
Author:
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FindaWayFindaWay
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8 years ago
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#2
8 years ago
Thanks for helping out, will mark it solved.
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#3
8 years ago
I'll be around if you need anything else Slight Smile
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