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Organizational Managers and Decision Making

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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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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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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 ...

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