Analysis of Decision Making and Bounded Awareness in BUMGT5980

This report analyzes decision-making processes within the context of the BUMGT5980 course, focusing on bounded awareness and escalation of commitment. It examines how emotions influence decisions, the impact of bounded awareness in scenarios like the 'Surfing with Sharks' case study, and ethical considerations such as food labeling and outsourcing practices. The report explores the importance of honest labeling, ethical implications of the food processing industry, and how to address bounded awareness by seeking, using, and sharing information. It also provides a work-based example of bounded awareness and challenges to overcome them in decision-making. Additionally, the document includes student presentation reviews, covering topics such as the impact of emotions in decision-making and the ethical implications of food production and distribution, along with the analysis of case studies involving international joint ventures and product misrepresentation.

BUMGT5980 Student Individual Presentation Reviews
Name _____________________Priya Sharma___ Student ID
_______________________
Signature ________________________ (note – not accepted without signature)
Day, date & start time ____ ____________ _____
5-10 minutes writing time
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1. List the title of the presentation: __Topic 2 – Frozen Food Distribution_____________
2. Was presentation educational? Explain why this was the case.
Yes, the presentation was educational and informative. This is because
the presentation not only explained the laws and regulations of labelling
the food products but also highlighted the importance of being honest in
food industry.
3.Was the presentation persuasive? Explain why you thought this to be the case.
Yes! The presenter made it persuasive by use of facts, regulations and
laws regarding food labelling and ethical implications of inability to do
so.
4. Did anything surprise you in the presentation? Explain why or why not?
It was surprising to know how some companies are outsourcing the raw
material without properly investigating its quality and reputation of the
provider.
5. Was your interest and enthusiasm maintained across the presentation? Explain why.
Yes, the presentation was very well managed, organized and precisely
made. This kept the interest intact across presentation.
6. State three things you have learnt from attending today
1. understanding the importance of honest labelling.
2. Ethical implications of food processing industry.
3. Identifying the importance of outsourcing and investigating the
source.
7. Use the space below (and on the back of this sheet) to make further comments about
the topic or presentation.
Outsourcing of raw material has become a common practice these days.
This presentation helps understand how various issues can arise if

outsourcing is not done in an appropriate manner with proper protocols.