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    BUMGT5980 Managerial Decision Making

    BUMGT5980 Managerial Decision Making

    Within an organization, there are several employees, who are working for the betterment of the organization. The management as well as the employees has to work accordingly in order to resolve complex situations within an organization (Parker et al., 2018). The concept of biases enables an individual to make the managerial decisions and mitigate the problems based on several scenarios in the real world. The report will be covering the three concepts i.e. bounded awareness, framing as well as emotions with reference to Simon’s quote:

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