Negotiators with a string of successful acquisitions and very few failures develop great confidence in the accuracy of their skills.This is an illustration of the myth that ________.

Question

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This scenario illustrates the myth that experience automatically translates into accurate judgment. While experience can improve confidence, it does not necessarily guarantee accuracy. In this case, the negotiators may have had a string of successful acquisitions, but their confidence in their skills could lead to overestimating their abilities and overlooking potential risks or flaws in their decision-making.

Negotiators with a String of Successful Acquisitions and Very Few