________ refers to the circumstance when top executives become arrogant and have a false belief in their own invincibility.

Question

Quizplus · Accepted Answer

Managerial hubris refers to the situation when top executives are too overconfident about their skills and abilities, to the extent that they begin to think they are immune to failure. This can lead to risky decision-making and a lack of consideration for potential consequences, potentially harming the company's performance.

________ Refers to the Circumstance When Top Executives Become Arrogant