MGT602 Business Decision Analytics Assessment 1

Context:

Fast changing workplaces call for greater flexibility in the ways individuals and work teams make and implement decisions. Alongside the increasing rate of change are the demands for better decision making through understanding and mitigating personal preferences and biases.

This assessment has been designed to:

• Appraise your ability to research academic literature on decision You are expected to utilise the literature provided in Modules 1 and 2 as a foundation that guides your further academic research.
• Select and evaluate the usefulness of a range of decision-making tools and reflect on levels of rationality and intuition utilised during the decision-making
• Compare, contrast and critically evaluate sources of data as influences in the decision-making context
• Identify the relevant sources of influence and limitations in your decision-decision making process

MGT602 Assessment 1 writing guidelines: 

This assessment draws on learning activities and resources from Modules 1 and 2. It is designed for you to engage in the decision-making process and then reflectively analyse your decision-making process using only theories and concepts from the Business Decision Analytics course (MGT602).

You should include in your reflective report:

• The decision-making problem detailed by your learning facilitator
• Analysis of your decision-making preferences (see activity Module 1)
• Analysis and influence of your personality traits and the impact on your decision-making
• Details of the sources of data collected during the decision-making process and how this data was evaluated/analysed
• Analysis of the decision-making process using any of the models discussed in Modules 1 and 2 plus any of your further relevant readings
• Analysis of written feedback from at least 2 other people on your decision-making process in the topic nominated by your Learning Facilitator
• Visual interpretation of data / trends/ patterns
• As a reflective analysis you will present your analysis in the first

Submission format

Cover Sheet: Every assessment must have a Torrens University Coversheet. (The Assignment Cover Sheet found in: https://www.torrens.edu.au/policies-and-forms)

1. Introduction: 100 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
2. Analysis and evaluation: 1300 words In this section you will analyse and evaluate your decision-making process using selected theories and concepts from the various Modules offered in Blackboard for this subject. You must include any blind spots or biases that you have identified in making this evaluative decision based on your research and formal feedback from others.
3. Conclusion: 100 words maximum. In this section you will provide a concise summation of your analysis and conclusion(s).
4. References: A minimum of 4 academic references are required from seminal sources and books. Referencing must be APA style. For referencing information refer to: http://library.laureate.net.au/research_skills/referencing

Appendix: If required.

NOTE: This submission is to be presented as a Any tables prepared must be identified and discussed in the text/body and included in an appendix.

MGT602 Assessment 1 Submission Process

• Please make sure to submit your MGT602 Assessment 1 via Blackboard and the Assessments Tab by

End of Module 2.2 (Sunday of 4^th teaching session AEST/AEDT).

• There is NO need to insert Table of Contents and Executive
• Please make sure to submit ONE Microsoft WORD Document (.doc OR .docx). PDF SUBMISSIONS WILL NOT BE ACCEPTED.
• Please make sure to insert page
• The Assignment Cover Sheet is available at (https://www.torrens.edu.au/policies-and-forms) and must be inserted at the beginning of the assessment
• You may identify each section with the headings 1. Introduction, 2. Analysis and Evaluation, 3. Conclusion, 4. References, 5 Appendix).
• The Cover Sheet and References are not included in the word Nor is the appendix
• Only APA style is used for citing and referencing More information on referencing here http://library.laureate.net.au/research_skills/referencing
• Please make sure to review the provided marking rubric at the end of this document for your

Notes to Learning Facilitator and student:

Each student needs to select one topic from a range that will be provided by the Learning Facilitator in week 2. It is the student’s responsibility to read the options provided and make an appropriate choice based on interest or prior knowledge.

The student is required to assume the role of undertaking this decision for themselves and evaluate the decision based on the criteria listed above (eg blind spots, biases, decision models utilized etc) and any further relevant sources gained from Modules 1 and 2 on Blackboard.