Our text suggests that objective reality is often significantly different from our perceived reality and is an important variable to consider when making decisions within an organization. In addition, attribution theory describes how people create explanations for their own and others’ actions, as well as for the outcomes of applied behaviors. Based on these two premises, formulate an analysis of how the development of our realities explains human behaviors within organizations and industries that can essentially affect rational decision-making.
Summarize the differences between perceived and objective realities and how our perceptions negotiate what we believe to be true.
Discuss how the following affect one’s perception of reality and rational decision-making.
Attribution theory
Bias
Bounded rationality
Cognitive biases
Conjunction fallacy
Primacy and recency effects
Selective perceptions
Contrast effect and
Stereotyping
Consider using headings in your paper to organize these elements.
Explain why, as a leader or manager of an organization, one should be aware of the bias that our perceptions may have on day-to-day rationale decision making.
Identify strategies to increase awareness of potential effectors of our ability to make rational decisions based on our developed realities.