MGT602 Business Decision Analytics operating as individual decision makers making decisions over individuals Operating and Finan…

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MGT602_Assess 3_Research Analysis 1 of 4
A
SSESSMENT 3 BRIEF
Subject Code and Title
MGT602 Business Decision Analytics
Assessment
Research Analysis Report
Individual/Group
Individual
Length
Up to 2,000 words
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
Submission
12 week class: By 11:55pm AEST/AEDT Friday of Module
6.1 (Week 11)
Intensive 6 week class. By 11.55pm AEST Friday of
module 6.1 (week 6)
Weighting
40%
Total Marks
40 marks
Context: Workplaces today are changing rapidly in parallel with rapid advances in technology and
means of communication with teams separated in terms of space and time, that is different
geographic locations and time zones, not only within countries, but also across continents. This is
something that we in Torrens adapt to on a daily basis as part of a global organisation. We need to
take into account not only time and space, but other elements of diversity to collaborate effectively
for organisational outcomes.
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.
MGT602_Assess 3_Research Analysis 2 of 4
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. [NOTE: Torrens
University is a workplace and you have a special role in it.].
CHECKPOINT: Submit a draft of your outline and discuss your report proposal with your Learning
Facilitator by WEEK 9.
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 decisionmaking;
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, available at Student Hub
@ Torrens.
Submission Instructions:
1. Submit your report to Turn-It-In.
2. Submit your report and TII report via the Assessment link in MGT602 Business Decision
Analytics on the Student Portal.
3. The Learning Facilitator will provide feedback via Grade Centre in the Student Portal.
Feedback can be viewed in My Grades.
MGT602_Assess 3_Research Analysis Page 3
Learning Rubric: MGT602 Assessment 3 Research Analysis Report 40% (40/100 marks)
Assessment Criteria
Fail
(Unacceptable)
0-49%
Pass
(Functional)
50-64%
Credit
(Proficient)
65-74%
Distinction
(Advanced)
75 -84%
High Distinction
(Exceptional)
85-100%
1. Critically reflect
on the key themes for
this subject: individual,
group decision-making
and business analytics,
and reduction of bias for
more effective business
decision-making.
(25% -10 marks)
Little or no authentic
personal reflection on
individual, group and
business decision-making and
the use of analytics for
organisations.
No, or limited reflection on
bias
Some personal reflection on
individual, group and business
decision-making and the use of
analytics in organisational
decision-making is evident,
Some reflection on bias is
evident.
A clearly authentic personal
reflection on individual, group
and business decision-making
and the use of analytics is
evident, with clear links to the
influence of bias on decision
making.
Comprehensive reflection on
individual, group and business
decision-making and the use
of analytics, with clear links to
the influence of bias on
decision-making.
Comprehensive and sophisticated
reflection on individual, group and
business decision-making and the
use of analytics is evident, including
implication of bias and blind spots
for decision-making.
2. Examine and
analyse at least three
decision-making tools
and technologies to
demonstrate their
application in the
workplace.
(25%- 10 marks)
Little or no reference made
to conceptual frameworks
and explicit decision-making
tools and technologies.
Basic coverage of at least three
decision-making tools and
technologies, with reference to
conceptual frameworks, data
analytics and their workplace
application.
Clear analysis and comparison
of at least three decision
making tools and technologies,
with reference to conceptual
frameworks, data analytics and
their workplace application.
Well-developed analysis and
comparison of at least three
decision-making tools and
technologies, with reference
to conceptual frameworks,
data analytics and their
workplace application.
Sophisticated analysis of at least
three decision-making tools and
technologies, with reference to
conceptual frameworks, data
analytics and their workplace
application.
3.Prepare a business
style report with clear
headings and visual
interpretation and
presentation of data
trends/ patterns
(25%- 10 marks)
Report lacks logical
coherence and clear
structure
Limited data analysis and no
visual representation of data.
Report has basic logical
flow and structure.
Basic concepts and analysis are
explained
Attempts basic visual
representation of data.
Report has a clear
logical flow and
structure.
Clear expression of
concepts and analysis.
Adequate visual
representation of data
trends/ patterns
Report has a strong
logical flow and
structure.
Accurate Executive
Summary.
Conclusion accurately
captures key learning.
Clear visual representation of
data trends/ patterns
Excellent logic and structure.
Concise, accurate Executive
Summary
Conclusion accurately captures
deep learning and insights.
Creative and engaging visual
representation of data
trends/ patterns.
4.Support your
argument with relevant
contemporary literature
including major
resources from within
the subject modules.
(25%- 10 marks)
No, or few references from
within subject learning
resources.
Many errors in text citations
and reference list according
to APA referencing
guidelines.
Makes some attempt to use
relevant references from within
subject learning resources.
Several major and minor errors
in text citations and reference list
according to APA referencing
guidelines.
References support an
adequate argument and
application of major concepts
from within subject learning
resources.
Several minor errors in text
citations and reference list
according to APA referencing
guidelines.
References support a mostly
comprehensive argument and
application of major concepts
from within subject learning
resources.
Strong level of accuracy of in
text citations and reference
list according to APA 6th ed.
style guidelines; minor errors.
Sophisticated references support
comprehensive argument and
application of major concepts from
within subject learning resources.
High level of accuracy of in-text
citations and reference list
according to APA 6th ed. style
guidelines.
MGT602_Assess 3_Research Analysis Page 4

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