Please explain in detail Your company has entered into a five-year lease for a building for your business, but it now looks as if it will cost up to half a million dollars to bring the facility up tocode and to your operating standards Rather than attempting to break the loase and find a better location, the facilities committe is focusing on trying to salvagethis deal, even though it looks like a bad decision. Which is the MOST LIKELY behavioral aspect you are facing?OA. Risk propensityOB. Programmed decision makingOC. Political pressureO D. Escalation of commitmentOE Risk aversion

Correct option is D. Escalation of commitment Escalation of commitment: Escalation of commitment…

Your company has entered into a five-year lease for a building for your business, but it now looks as if it will cost up to half a million dollars to bring the facility up to code and to your operating standarda Rather than attempting to break the lease and find a better location, the facilities committee is focusing on trying to salvage this deal, even though it looks like a bad decision. Which is the MOST LIKELY behavioral aspect you are facing? OA. Risk propensity OB. Programmed decision making OC. Poltical pressure OD. Escalation of commitment OE Risk aversion