During a managers' meeting, there is difficulty reaching a decision on which project to fund in the upcoming year. In arguing for funding for her project, Valentina states that she has experience in making all projects succeed. She even states that she is immune to failure. Valentina is displaying
A)illusion of control.
B)framing effects.
C)discounting the future.
D)bargaining.
E)benchmarking.

Question

Quizplus · Accepted Answer

Valentina's statement that she is immune to failure demonstrates an illusion of control, which refers to the tendency to overestimate one's ability to control or influence external events. This cognitive bias can cloud decision-making and lead to poor outcomes.

During a Managers' Meeting, There Is Difficulty Reaching a Decision