In any business environment, your ability to think critically is more than a valuable trait—it’s a necessity. Critical thinking involves not just absorbing information, but actively analyzing and evaluating it, making rational, well-informed decisions, and steering clear of personal biases, emotions, or fallacies. In this article, you’ll explore common fallacy categories and types and why understanding them is vital for your business success.
In any business environment, your ability to think critically is more than a valuable trait—it’s a necessity. Critical thinking involves not just absorbing information, but actively analyzing and evaluating it, making rational, well-informed decisions, and steering clear of personal biases, emotions, or fallacies. In this article, you’ll explore common fallacy categories and types and why understanding them is vital for your business success.
Logical fallacies are sneaky errors in reasoning that undermine the logic of your argument. They’re typically categorized into formal and informal fallacies.
The former (formal fallacies) occur when the argument’s conclusion doesn’t logically follow from its premises.