Suppose the owner tells Mark that the reason he makes every decision himself is because he believes that he will be able to influence everything that happens in the business.This unrealistic view is called _____.
A) optimizing
B) discounting the future
C) maximizing
D) the illusion of control
E) the garbage can model

Question

Quizplus · Accepted Answer

The illusion of control is a belief that one can influence events even when one has no control over what will happen.In business,such overconfidence can lead to failure because decision makers ignore risks and fail to objectively evaluate the odds of success.

Suppose the Owner Tells Mark That the Reason He Makes