According to Sternberg (2003), Unsuccessful Executives Who Believe They Know

question 43

Multiple Choice

According to Sternberg (2003) , unsuccessful executives who believe they know everything are suffering from the fallacy.

• A)unrealistic optimism
• B)invulnerability
• C)omniscience
• D)omnipotence

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Definitions:

Planning Time Horizon

The timeframe over which an organization maps out and anticipates actions, developments, or events.

Succession Planning

A strategic process to identify and develop new leaders who can replace old leaders when they leave, retire, or die, ensuring continuity in leadership and operations.

Business Continuity

Strategies and plans implemented by a company to ensure that essential business functions can continue during and after a disaster.

High-Potential Leaders

Individuals within an organization recognized for their ability, motivation, and potential to ascend to leadership roles and significantly contribute to organizational success.