Concept of bounded awareness can affect decision making


Assignment:

1. Explain how the concept of bounded awareness can affect decision making.

2. Discuss the following statement. "It is important that organizational managers understand that bounded awareness can and will occur in decision making."

3. Describe the concepts of groupthink and focalism and the similarities and differences that exist between the two.

4. Compare and contrast individual and group decision-making. What are the advantages and disadvantages of each? Are there certain decisions that are better suited to individual decision-making? What bounded awareness issues are found in individual versus group decision-making?

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