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Bounded Awarness
Please help me with this assignment by constructing a paper that is 600 – 800 words in length, and cites sources in accordance with APA standards, addressing the below questions.
- Why are today’s corporate mangers prone to pitfalls of bounded awareness when making decisions?
- Explain the effectiveness of diferent methods that can be used to detect and overcome cognitive biases in both individual and group decision making.
- Provide a real-world example that illustrates the negative impacts of bounded awareness in business decision making.
- Provide two examples of how the effectiveness of preventive measures can assist one in avoiding the pitfall of making poor decisions under bounded awareness
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