Unsuccessful executives frequently fall victim to the invulnerability fallacy.

Name: Unsuccessful executives frequently fall victim to the invulnerability fallacy.
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Question

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The invulnerability fallacy refers to the mistaken belief that one is less likely to experience negative outcomes than others. Unsuccessful executives often fall victim to this fallacy by overestimating their abilities or control over events, leading to poor decision-making and ultimately, failure.

Unsuccessful Executives Frequently Fall Victim to the Invulnerability Fallacy