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Firstly, a fallacy is a mistaken belief caused by the conscious feeding of false information from one person to another. In other words, if you believe a fallacy you have been duped. Fallacies have no importance whatsoever in successful organizations. Persons who have the gift of garb, are great orators, and have an excellent command of language can use words to entice and persuade others to believe false information. Therefore, in organizations, beware of being fed false information by those who have slick speech and are great orators, since they can use language to feed you a fallacy.

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