Using the Internet, research on bounded awareness. Based on your research and understanding, respond to the following questions:
Length: 2 pages (622 Words)
The modern world is characterized with the explosion of information, especially due advancement in information technology. The development of internet all over the world and availability of devices has enabled people access wide information than ever before. Nevertheless, different people tend to focus on different kinds of information that they may apply in their life activities. This has resulted in the concept of bounded awareness. According to Bazerman and Chung, bounded awareness is the habit of some people to recognize some important information available in the environment because of being excessively interested only on some information sub segments (Computerworld.com., 2006).Owing to this, they miss or overlook some information that may be critical to their daily activities. This tendency may have implications for the people such as in the decision making processes. Bounded awareness can potentially influence the quality of the decision made. Most people with access to vast information would give great attention to specific information in making decisions. Consequently, they fail to consider other information that could be extremely relevant to the tasks dealt with. The decisions derived from this practice would be of poor quality. Appropriate decisions would require wide consideration of the available information that could influence a task to ensure wide factors are incorporated.
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