Explain the roles of emotion and fairness in decision making

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Reference no: EM132277430

Discussion: • Biases and Judgment

• Objectives for this assignment:

• Apply critical thinking skills to analyze business situations.

• Apply the standard of APA style to all research and writing tasks.

• Appropriately use effective communication techniques.

• Describe common biases in decision making.

• Explain the roles of emotion and fairness in decision making.

• Interpret reflective and expedient decision making.

Unit 2 Main Discussion Board as Follows:

This DB has four parts.

1. As a leader, it is important to not only understand what common biases are, but to also have the self-awareness to understand those that they possess. Only through this self-awareness can a leader minimize errors in the decision-making process. What could be the result if self-awareness is not attained?

2. Decision making must be balanced, taking into consideration both short-term and long-term business outcomes. Explain how common biases, bounded awareness, emotions and motivation affect the decision-making process.

3. What ethical factors should be taken into consideration when making a decision?

4. Ethics can be considered as doing the right thing. How do you believe ethical standards in multi-national corporations should be adjusted for the diverse cultures the organization works within?

This must be Plagiarism Free or Low Originality. References should be put in Where or When Necessary. All Questions must be answered.

Reference no: EM132277430

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