Reference no: EM133177231

MGT602 Business Decision Analytics - Torrens University Australia

Assessment - Decision Style Analysis Reflective report

Learning Outcome 1: Select and evaluate the usefulness of a range of decision- making tools and reflect on your decision making styles and contrast with other styles to determine the respective levels of rationality and intuition utilized

Learning Outcome 2: Compare, contrast and critically evaluate sources of data as influences for decision-making in a range of business contexts

Learning Outcome 3: Examine and evaluate decision-making systems and techniques to engage group decisions and analyse how these can enhance sustainable outcomes

Learning Outcome 4: Critically examine emerging tools and technologies for decision making

Context:

In today's workplaces, collaborative team-work is expected. Diversity in teams is a reality , but can lead to conflict and tensions, due to lack of intercultural intelligence, dominant personalities, or poor decisions due to passivity of members who may succumb to Groupthink (Janis, 1972), or who may be biased and have multiple blind spots. Your understanding and experience of these issues are vitally important to your overall business knowledge.

This assessment has been designed to:
- Apply decision-making systems and techniques in a group
- Interrogate and interpret a range of data analytics pertinent to a relevant contemporary organisational challenge, decision or change of strategy.
- Apply and evaluate those systems and techniques to support effective decision- making in organisations.

- Engage as a team to present your findings in a visual, oral and written format that critically evaluates the decision making process in a contemporary organization.
- Form your arguments through the use of contemporary literature associated with decision making theories and concepts as presented in Modules 1 to 4.
- Work as a team to identify research a business decision and present a business report and ten-minute presentation.
- Reflect on each team members' and your personal contribution in researching the case
study, from preparing the report and compiling the in-class presentation.

Part A: 3000-word report.

This assessment draws on learning activities and resources from Modules 1-4. It is designed for you to analyse a corporate case study and the decision-making process using only theories and concepts from Business Decision analytics. You should consider in researching and preparing your case study report the following:
• The business challenge or issue detailed by your learning facilitator
• Background to the case
• Collection of relevant internal and external data sources that the organization may have used in the decision-making process
• Identification of the key person or persons making the decision
• Analysis and influence of individuals and group dynamics impact on the decision- making
• Analysis of the decision-making process considering all theories and concepts discussed in Modules 1, 2, 3 and 4.
• Visual interpretation and presentation of relevant data / trends/ patterns

Report format
Cover Sheet: Every assessment should have a Torrens University Coversheet.

1. Executive summary: 250 words maximum. The executive summary is a summation of the report. Included are the case being analysed; the data and evidence collected; the theories used and associated conclusion; and the overall findings.
2. Table of contents.
3. Introduction: 300 words maximum. The introduction will present the reader with a clear and concise understanding of the following: 1. What is the submission about; 2. What theories will be used; 3 Your concise conclusion; and 4 The structure of the submission
4. Analysis and evaluation: 2400 words maximum. In this section the report will analyse

and evaluate the decision-making process using selected theories and concepts from your readings of the various Modules in MGT602 and your wider readings.
5. Conclusion: 300 words maximum. In this section you will provide a concise summation of your analysis and conclusion(s).
6. References: A minimum of 10 academic references are required from seminal sources and books. Referencing must be APA style. For referencing information refer to: https://library.laureate.net.au/research_skills/referencing
7. Appendix: If required.

Part B: MGT602 Assessment 2 guidelines ten-minute in-class presentation:

Each group will prepare up to a ten-minute presentation of their proposed report findings to be presented in week 7 or 8 of the semester. This presentation will provide the audience with a succinct understanding of: the case study, the decision, analysis and conclusions. The purpose of the presentation is for your team to gain meaningful feedback from your peers to enhance your future written report submission. Your team may also pick up useful ideas from listening to the other team's presentations. The presentation should use the following format
- Introduction - 1 minute: Case, group members, theories and presentation structure
- Analysis: - 8 minutes: Application of selected theories and concepts and evaluation of the decision making process gained from this course
- Conclusion - 1 minute: Summation of presentation analysis and evaluation
- References:
PLEASE NOTE: Every group member must be a part of the presentation.
The specific timing of your oral presentation will be provided by your Learning Facilitator, but should occur in the seventh or eighth teaching period (whether 12 week or 6 week offering)

Part C. guidelines peer evaluation:

Each student will submit a self and peer evaluation matrix rating the contribution of each group member in the research and preparation of the group report and presentation. Refer Appendix A. To successfully complete this Part C of the assessment, each group should prepare and maintain a project plan, records of meetings, actions (who/what/how/when) which is updated weekly. Each student's peer evaluation will include individual ratings and a 200-word analysis of the collective group's decision-making processes. Each student's peer evaluation must be included in the Appendix of the report

Note: Need only PART B

Attachment:- Business Decision Analytics.rar