Assignment: Managerial Decision Making
At this point in the course, you have been introduced to the bounds of rationality and awareness, the pitfalls of overconfidence and other common biases, and the effects emotions have in decision-making.
Write a 4 to 6 pages paper that answers the following questions:
i. What is bounded awareness and bounded rationality? Provide example of each
ii. How has overconfidence limited the success of business goals for companies and individuals? (Define, then answer through your definition)
iii. How do emotions affect decision-making? Give a real-life example.
iv. How should a manager approach be working with an employee who is perceived as "emotional"?
v. Research "Workplace Bullying" and determine how it can affect managerial decision-making.
Format your assignment according to the following formatting requirements:
i) The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
ii) The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
iii) Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.