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Organizational Managers and Decision Making

Discuss the following statement. "It is important that organizational managers understand that bounded awareness can and will occur in decision making." In developing your discussion, cite a minimum of two sources.

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Discussion for your question:

Bounded awareness can and will occur, but various strategies can be put into place to prevent detrimental effects from it. One of the main contributing factors towards bounded awareness is a failure to properly plan, acquire, and organize data. Bounded awareness within the decision-making process indicates that a comprehensive approach has not been taken by management. As the statement in question implies, bounded awareness will occur within ...

Solution Summary

This solution discusses the following statement - It is important that organizational managers understand that bounded awareness can and will occur in decision making.

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