Figure $1$: Common decision$-$making errors and biases

Questions:

Review the common decision$-$making errors detailed in the Figure $1.$ Which of these have influenced Mia's decision making?

Consider Mia's approach of intuitive decision making.

How has this been useful to her? What are its drawbacks?

How has Mia used policies and procedures to improve decision making in her company?

Consider Mia's approach to group decision making.

a$.$ Which advantages of group decisions does this approach offer?

b$.$ Which disadvantages of group decisions might result?

How have cultural influences affected Mia's approach to decision making?