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Escalation of Commitment: Definition & Examples

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Which of the following statements best defines escalation of commitment?

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1. Which of the following statements most accurately defines sunk costs?

2. Which of the following is an example of escalation of commitment?

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About This Quiz & Worksheet

Escalation of commitment is an important concept for you to know, and this quiz/worksheet will help you test your understanding of its meaning and potential consequences.

Quiz & Worksheet Goals

In these assessments you'll be tested on the following:

  • Definition of escalation of commitment
  • Primary risk associated with an escalation of commitment
  • Definition of sunk costs and their role in continuing/terminating a project

Skills Practiced

  • Defining key concepts - ensure that you can accurately define important terms, such as escalation of commitment and sunk costs
  • Interpreting information - verify that you can review information about escalation of commitment and identify an example of it
  • Information recall - access the knowledge you've gained regarding the risks of escalation of commitment and the role of sunk costs

Additional Learning

To learn more about escalation of commitment and the dangers associated with it, review the accompanying lesson titled Escalation of Commitment: Definition & Examples. After successful completion of the lesson, you'll have mastered these learning objectives:

  • Define escalation of commitment
  • Understand the risks associated with escalation of commitment
  • Understand examples of escalation of commitment as seen in different contexts
  • Define sunk costs and understand how they apply to escalation of commitment
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