1.
In the 1960s, Britain and France decided to jointly fund and build a supersonic transport that became known as the Concorde. Research the decision to build and fly the supersonic transport Concorde. Then, discuss how the sunk costs and an escalation of commitment affected their decisions.
2.
In 2001, Polaroid filed for bankruptcy protection. Investigate this filing. What caused the bankruptcy? Can it be traced to an escalation of commitment?
3.
Throughout its existence, Saturn has never turned a profit for General Motors. Research the history of Saturn and GM’s decision to continue funding it (although GM has now decided to close down the auto maker). Why hadn’t Saturn made a profit? Was escalation of commitment in play in GM’s decision? If so, how?
4.
During the Cold War and post-Cold War eras, the United States and the Soviet Union have been competing with one another in attempts to gain a strategic advantage over one another. The Strategic Defense Initiative (SDI) was born out of that competition. Discuss the SDI and how the United States and the Soviet Union applied the competitive escalation paradigm.
...
1. In the 1960s, Britain and France decided to jointly fund and bu.docx
1. 1.
In the 1960s, Britain and France decided to jointly fund and
build a supersonic transport that became known as the
Concorde. Research the decision to build and fly the supersonic
transport Concorde. Then, discuss how the sunk costs and an
escalation of commitment affected their decisions.
2.
In 2001, Polaroid filed for bankruptcy protection. Investigate
this filing. What caused the bankruptcy? Can it be traced to an
escalation of commitment?
3.
Throughout its existence, Saturn has never turned a profit for
General Motors. Research the history of Saturn and GM’s
decision to continue funding it (although GM has now decided
to close down the auto maker). Why hadn’t Saturn made a
profit? Was escalation of commitment in play in GM’s
decision? If so, how?
4.
During the Cold War and post-Cold War eras, the United States
and the Soviet Union have been competing with one another in
attempts to gain a strategic advantage over one another. The
Strategic Defense Initiative (SDI) was born out of that
competition. Discuss the SDI and how the United States and the
Soviet Union applied the competitive escalation paradigm.
