Escalation of commitment in play in gm-s decision

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Q1) Bernard Madoff, a once highly regarded member of the Wall Street community, recently pleaded guilty of running a $50 billion ponzi scheme. Research the driving forces behind his seemingly unethical behavior and discuss your findings. How did favoritism and bounded ethicality come into play in this case?

Q2) Saturn has never turned a profit for GM. Why hasn't Saturn turned a profit? Was escalation of commitment in play in GM's decision? Why?

Reference no: EM1333782

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Escalation of commitment in play in gm-s decision : Saturn has never turned a profit for GM. Why hasn't Saturn turned a profit? Was escalation of commitment in play in GM's decision? Why?

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