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1- As a business manager or owner, once you or your team have made decisions, how would you make sure that future decisions are good
1- As a business manager or owner, once you or your team have made decisions, how would you make sure that future decisions are good ones and not an escalation of commitment? Be sure to include a discussion of sunk costs versus future costs and benefits.
2- Considering how motivations and emotions can play a significant part in business decisions,
outline the steps you would take as a business manager or owner to minimize the
effects of these two factors on decision-making to help ensure more long-term
benefits from decisions made by your team(s).
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