Examine and evaluate decision making systems and techniques

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Reference no: EM132447249 , Length: word count:2000

MGT602 Business Decision Analytics - Torrens university

Assessment - Research Analysis Report

Learning Outcomes

a) 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 utilised

b) Compare, contrast and critically evaluate sources of data as influences for decision-making in a range of business contexts

c) Examine and evaluate decision making systems and techniques to engage group decisions and analyse how these can enhance sustainable outcomes

d) Critically examine emerging tools and technologies for decision making

Task:

This assignment is designed for you to critically reflect on key themes for this subject: individual and group decision-making processes; sources of data and analysis, including usage of data analytics for organisational decision-making, and the influence of bias in effective decision-making.

In doing so, you should consider a meaningful work challenge - a project that requires many decisions to be made- that is relevant for you- in your current, or recent workplace.

Your task is to analyse the project from the perspective of decision-making points/stages. In the analysis, you are to consider:

1. The sources of data, and the use of data analytics to identify trends/ patterns that form the evidence for decision-making;

2. Show visualisation of the decision-making process, and analytics to support the decision- making;

3. Select at least three decision-making tools and technologies from within the subject modules and show their application for your project. Consider if the decision would be the same/ different by using multiple methods.

4. Present the findings of your results in a business style report that includes clear headings to guide the reader and visualisation of the data sources/trends/ patterns, and is underpinned with evidence from relevant contemporary literature, including major resources from within the subject modules.

5. Reference according to the APA 6th. Ed. reference style guide

Attachment:- Business Decision Analytics.rar

Reference no: EM132447249

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