Ethical factors to be considered in Decision making

( 4 paragraphs, references)

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1. As a leader, it is important to not only understand what common  biases are, but to also have the self-awareness to understand those that  they possess.  Only through this self-awareness can a leader minimize  errors in the decision-making process.  What could be the result if  self-awareness is not attained?
2. Decision making must be balanced, taking into consideration  both short-term and long-term business outcomes.  Explain how common  biases, bounded awareness, emotions and motivation affect the  decision-making process.
3. What ethical factors should be taken into consideration when making a decision?
4. Ethics can be considered as doing the right thing.  How do you  believe ethical standards in multi-national corporations should be  adjusted for the diverse cultures the organization works within?

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