________ is a cognitive bias that causes managers to overestimate the extent to which they can manipulate the outcomes of an action.
A) Representativeness
B) Illusion of control
C) Frequency
D) Ego-defensiveness

Question

Quizplus · Accepted Answer

The illusion of control is the cognitive bias that causes managers to overestimate the extent to which they can manipulate the outcomes of an action. This bias can lead to overconfidence in decision-making and an underestimation of external factors that may impact the outcome.

________ Is a Cognitive Bias That Causes Managers to Overestimate