What is bounded awareness and bounded rationality

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Reference no: EM133089092

At this point in the course, you should have received a comprehensive education of the strategies, challenges, and opportunities within the topic of managerial decision-making.

1. What is bounded awareness and bounded rationality?

2. How has overconfidence limited the success of business goals for companies and individuals?

3. How do emotions affect decision-making?

4. How should a manager approach be working with an employee who is perceived as "emotional"?

5. What are the potential issues that arise when a manager or organization escalates commitment to a previous plan, process, or program that has clearly failed?

6. What are the tools of value creation and how are they used today?

Reference no: EM133089092

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