MGT602 Business Decision Analytics - Assessment 3

Context:

Workplaces today are changing rapidly in parallel with rapid advances in technology and means of communication with teams separated by distance and time. We need to take into account not only time and space, but other elements of diversity to collaborate effectively for organisational outcomes. In such complex environments much can be learned by observing and analysing the decision-making process of business managers. This task requires you to select a decision you have observed in the work place and using MGT602 theory gained from Modules 1-6 on Blackboard, undertake a comprehensive critical analysis and evaluation of the decision maker and the decision-making process.

This assessment has been designed to:

Critically reflect on the application of key concepts and theories of MGT602 in the analysis of a decision from your current or previous workplace. In doing so, you MUST consider a meaningful work challenge that you observed another person or persons make. If you do not have previous workplace management experience, then you must analyse the group decision-making processes undertaken by your team in Assessment task 2.

In successfully completing this assessment task you are to:

• Evaluate the sources of data, and the use of data analytics to identify trends/ patterns that form the evidence for the decision-maker.
• Show visualisation of the decision-making process, and analytics to support the decision making;
• Select between three decision-making theories and concepts from within the subject modules and show their application in analyzing the Evaluate how the decision would be the same/ different by using different theories or concepts.
• 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
• Reference according to the APA reference style guide

PLEASE NOTE: It is highly recommended that you discuss the selected decision with your learning facilitator to ensure efficacy of the assessment task.

Report 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. Executive summary: 150 words maximum. The executive summary is a summation of the 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: 200 words maximum. The introduction will present the reader with a clear and concise understanding of the following: What is the report about; 2. What theories will be used; 3 Your concise conclusion; and 4 The structure of the submission
4. Analysis and evaluation: 1600 words maximum. In this section you will analyse and evaluate the decision-making process using selected theories and concepts from
5. Conclusion: 200 words 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: http://library.laureate.net.au/research_skills/referencing

7.      Appendix: If required.

8. NOTE: This submission is to be presented in report Any tables prepared may be included in the body of the report but must be clearly and concisely discussed as

part of the analysis. Alternatively, the table should be identified and discussed in the text/body and included in an appendix.

MGT602 Assessment 3 Submission Process

• Submit your MGT602 Assessment 3 via Blackboard and the Assessments Tab by Sunday of Teaching Session 11 before 59hrs AEST/AEDT.
• The Assignment Cover Sheet is available at (https://www.torrens.edu.au/policies-and- forms) must be inserted at the beginning of the assessment
• Please make sure to submit ONE Microsoft WORD Document (.doc OR .docx). PDF Submissions will NOT be accepted.
• Please make sure to insert page
• You must identify each section of the report with the headings which are listed in the table of
• The Cover Sheet and References are not included in the word Nor are the Executive Summary, Table of Contents or Appendix.
• Only the current APA style is used for citing and More information on referencing is at 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 information.