16. Which of the following best represents the three reasons why managers may hang on to a losing course of action or
escalate their commitment?
a. Internal locus of control, cognitive dissonance, and overly optimistic
b. Cognitive dissonance, overly optimistic, and illusion of control
c. External locus of control, overly optimistic, and cognitive dissonance
d. Internal locus of control, cognitive dissonance, and illusion of control
17. Which of the following is NOT one of the explanations for the escalation of commitment?
a. Cognitive dissonance theory
b. Optimism
c. Illusion of control
d. High or low self-monitoring
18. Recent research investigating the characteristics that make an individual more likely to de-escalate from a course
of action concluded that:
a. individuals with a strong dislike for inconsistency are more likely to de-escalate.
b. individuals whose past decisions failed are more likely to de–escalate.
c. individuals with an external locus of control are more likely to de-escalate.
d. individuals with high self-esteem are more likely to de–escalate.