ASSESSMENT 1 BRIEFSubject Code and TitleMGT602 Business Decision AnalyticsAssessmentDecision Style Analysis Reflective reportIndividual/GroupIndividualLengthUp to 1500 wordsLearning Outcomesa) Select and evaluate the usefulness of a range of decision makingtools and reflect on your decision-making styles and contrastwith other styles to determine the respective levels ofrationality and intuition utilisedb) Compare, contrast and critically evaluate sources of data asinfluences for decision-making in a range of business contextsSubmissionFor regular class (12 Weeks Duration):By 11:59 pm AEST/AEDT Sunday of Module 2.2 (week 4)For intensive class (6 Weeks Duration):Part A: By 11:59 pm AEST/AEDT Sunday of Module 2.2 (week 2)Weighting20%Total Marks20 marks Context:Fast changing workplaces call for greater flexibility in the ways individuals and work teams make andimplement decisions. Alongside the increasing rate of change are the demands for better decisionmaking through understanding and mitigating personal preferences and biases.This assessment has been designed to:
Appraise your ability to research academic literature on decision making. You are expectedto utilise the literature provided in Modules 1 and 2 as a foundation that guides yourfurther academic research. Select and evaluate the usefulness of a range of decision-making tools and reflect on levels ofrationality and intuition utilised during the decision-making process. Compare, contrast and critically evaluate sources of data as influences in the decision-makingcontext Identify the relevant sources of influence and limitations in your decision-decision making processMGT602 Assessment 1 writing guidelines:This assessment draws on learning activities and resources from Modules 1 and 2. It is designed for youto engage in the decision-making process and then reflectively analyse your decision-making processusing 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 datawas evaluated/analysed Analysis of the decision-making process using any of the models discussed in Modules 1 and 2plus any of your further relevant readings Analysis of written feedback from at least 2 other people on your decision-making process in thetopic nominated by your Learning Facilitator Visual interpretation of data / trends/ patterns As a reflective analysis you will present your analysis in the first person.Submission formatCover Sheet: Every assessment must have a Torrens University Coversheet. (The Assignment CoverSheet found in: https://www.torrens.edu.au/policies-and-forms)1. Introduction: 100 words maximum. The introduction will present the reader with a clear andconcise understanding of the following: 1. What is the submission about; 2. What theories will beused; 3 Your concise conclusion; and 4 The structure of the submission2. Analysis and evaluation: 1300 words maximum. In this section you will analyse and evaluate yourdecision-making process using selected theories and concepts from the various Modules offeredin Blackboard for this subject. You must include any blind spots or biases that you have identifiedin 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 youranalysis 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/referencing5. Appendix: If required.6. NOTE: This submission is to be presented as a report. Any tables prepared must be identifiedand 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 byEnd of Module 2.2 (Sunday of 4th teaching session AEST/AEDT). There is NO need to insert Table of Contents and Executive Summary. Please make sure to submit ONE Microsoft WORD Document (.doc OR .docx). PDF SUBMISSIONSWILL NOT BE ACCEPTED. Please make sure to insert page numbers. The Assignment Cover Sheet is available at (https://www.torrens.edu.au/policies-and-forms) andmust be inserted at the beginning of the assessment document. You may identify each section with the headings of. 1. Introduction, 2. Analysis and Evaluation, 3.Conclusion, 4. References, 5 Appendix). The Cover Sheet and References are not included in the word count. Nor is the appendix Only APA style is used for citing and referencing research. More information on referencing herehttp://library.laureate.net.au/research_skills/referencing Please make sure to review the provided marking rubric at the end of this document for yourinformation.Notes to Learning Facilitator and student:Each student needs to select one topic from a range that will be provided by the Learning Facilitator inweek 2. It is the student’s responsibility to read the options provided and make an appropriate choicebased on interest or prior knowledge.The student is required to assume the role of undertaking this decision for themselves and evaluatethe decision based on the criteria listed above (eg blind spots, biases, decision models utilized etc) andany further relevant sources gained from Modules 1 and 2 on Blackboard.Grading Rubric Assessment 1. Weighting 20% Assessment CriteriaFail (Unacceptable)0-49%Pass (Functional)50-64%Credit (Proficient)65-74%Distinction (Advanced) 75 –84%High Distinction (Exceptional)85-100%1. Reflect on a range ofpersonal daily decisionsand one major decision toanalyse and evaluatesources of data, decisionmaking style and decisionmaking tools. (25% -5/20)Little or no authenticpersonal reflection ondaily decisions or majordecision. No, or limitedanalysis or evaluation ofsources of data input,decision-making styles andtools.Some personal reflectionon daily decision-makingand major decision-makingis evident, with referenceto at least two sources ofdata, decision-makingstyles and tools.A clearly authenticpersonal reflection ondaily decision-making andmajor decision-making isevident, with clear analysisand evaluation of at leasttwo sources of data,decision-making styles andtools.Comprehensive reflectionon daily decision-makingand major decision-makingis evident, with clearanalysis and evaluation ofat least three sources ofdata, decision-makingstyles and tools.Comprehensive andsophisticated reflection ondaily decision-making andmajor decision-making isevident, with explicit analysisand evaluation of multiplesources of data, decisionmaking styles and tools.2. Compare and contrastwith other decisionmaking styles andprocesses to identify biasand blind spots (25% –5/20)Little or no evidence ofdiscussions and feedbackfrom others about biasand blind spots orcomparison with otherdecision-making stylesSome evidence ofdiscussion with at leasttwo other people andcomparative analysis ofdecision-making styles andthe implication of bias andblind spots for owndecision-making.Clear evidence ofdiscussion with at leasttwo other people andcomparative analysis ofdecision-making styles andthe implication of bias andblind spots for owndecision-making.Comprehensive evidenceof discussion with at leastthree other people andcomparative analysis ofdecision-making styles andthe implication of bias andblind spots for owndecision-makingSophisticated analysis andcomparison of decisionmaking styles and theimplication of bias and blindspots for decision making.Feedback from at least threeother people is discussed withrecommendations to enhanceown decision-making3.Prepare a business stylereport with clear headingsand visual interpretationand presentation of datatrends/ patterns (25%- 10marks)Report lacks logicalcoherence and clearstructure Limited dataanalysis and no visualrepresentation of data.Report has basic logicalflow and structure. Basicconcepts and analysis areexplained Attempts basicvisual representation ofdataReport has a clear logicalflow and structure. Clearexpression of concepts andanalysis. Adequate visualrepresentation of dReport has a strong logicalflow and structure.Accurate ExecutiveSummary. Conclusionaccurately captures keylearning. Clear visualrepresentation of datatrends/ patternsExcellent logic and structure.Concise, accurate ExecutiveSummary Conclusionaccurately captures deeplearning and insights. Creativeand engaging visualrepresentation of data trends/patterns.4.Support your argumentwith relevantcontemporary literatureincluding major resourcesfrom within the relevantsubject modules. (25%- 10marks)No, or few references fromwithin subject learningresources modules 1-2Many errors in textcitations and reference listaccording to APAreferencing guidelinesMakes some attempt touse relevant referencesfrom within subjectlearning resourcesmodules 1-2. Severalmajor and minor errors intext citations andreference list according toAPA referencingguidelines.References support anadequate argument andapplication of majorconcepts from withinsubject learning resourcesmodules 1-2. Severalminor errors in textcitations and reference listaccording to APAreferencing guidelines.References support amostly comprehensiveargument and applicationof major concepts fromwithin subject learningresources modules 1-2.Strong level of accuracy ofin-text citations andreference list according toAPA style guidelines.Sophisticated referencessupport comprehensiveargument and application ofmajor concepts from withinsubject learning resourcesmodules 1-2 and beyond. Highlevel of accuracy of in-textcitations and reference listaccording to APA styleguidelines.
