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Next door to your office is a conference room where you overhear a conversation between the accounting department. One of the accountants mentions that due
Next door to your office is a conference room where you overhear a conversation between the accounting department. One of the accountants mentions that due to the economy, the quarterly financial statements are not going to look good to senior management. They discuss ways in which some of the expenses can be deferred to the next quarter thereby reducing expenses for the current quarter which will have the effect of improving earnings. What amazes you is that none of the accountants even question the ethics of what they are discussing. But then you recall from your MAN 320f class that the following phenomenon may be taking place. O Sunk cost effect Escalation of commitment O Groupthink O The rational decision making model O Overconfidence bias O System imposed constraints
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