• What is bounded awareness and bounded rationality?
• How has overconfidence limited the success of business goals for companies and individuals? 
• How do emotions affect decision-making?
• How should a manager approach working with an employee who is perceived as "emotional"?
• Research "Workplace Bullying" and determine how it can effect managerial decision-making.

1.Bounded awareness:

In decision making, bounded awareness refers to the missing out the significant information in the environment and giving extra concentration in other matters. To avoid it, the managers should focus on the fact that which information is important and which information contribute much in decision making.

Bounded rationality

In decision making, bounded rationality usually means to identify the information which is important and rational. But having the limited information knowledge and time of decision maker.

2.Following are the ways due to which overconfidence has limited the success of the business goals for companies and individuals:

• As the employees think that their work is beyond expectation but in real it may not be suitable as per the quality, thus, this situation leads towards the low work quality of the individuals.
• Sometimes, individuals become aggressive and arrogant due to overconfidence which becomes the reason of disputes in the organization.
• In organizations, individuals take the risk factor and think that rules and regulations are not applicable to them and are made for others, this overconfidence and misunderstanding becomes the reason of breakage of regulations.
• Companies make a mistake of using huge resources at the initial stage of production but it is not good in practical terms because the production of goods take more time to get involved in the market.
• Companies sometimes oversee the significant market factor while introducing a new product that becomes the reason of the failure of the product in the market.

3.Following are the ways by which emotions affect decision-making:

• The feeling of happiness leads in taking active part in decision-making.
• The anger feeling can result in strict impatient and wrong decision-making.
• In having excitement, the person becomes hopeful and confident while taking decision.
• The emotion affects the speed of taking decisions.
• The feeling of sadness takes the person to remain silent and to agree with other person easily without evaluating.

4.Following are the ways that the managers should use to approach an emotional employee:

• Analyze body language and voice of employees
• To show concern towards the employee when he/she is emotional.
• Motivate employees so that they can turn their weakness into their strengths.
• Communicate with employees to know about the reasons for their changed behavior.
• Speak in a low tone while talking to employees who are emotional at that time.
• The tone of managers should not be too soft and too harsh.

5.Workplace bullying is a pattern of mistreatment from others at the workplace which can be due to any physical or mental harm. Bullying includes verbal, non-verbal, psychological and physical abuse. It is a workplace aggression.

Workplace bullying have several effects on the decision-making of managers. Bullying involves harassment, making offensive statements, exclusion of employees from the group. Due to bullying, the individuals may not be able to concentrate on their work and its decisions. The individual feels insulted which negatively affect the self-respect of individual. This workplace bullying can create a feeling of doubt while making the decisions.