MGT602 Business Decision Analytics

ASSESSMENT 1 BRIEF

Subject Code and Title

MGT602 Business Decision Analytics

Assessment

Decision Style Analysis Reflective report

Individual/Group

Individual

Length

Up to 1000 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

Submission

12 week class: By 11:55pm AEST Friday of Module 2.2

(Week 4)

Intensive class: By 11.55 pm AEST Sunday end of

Module 2.2 (week 2)

Weighting

20%

Total Marks

20 marks

Context:

Fast changing workplace demands in the 21^st century call for greater flexibility in the ways individuals and work teams make and implement decisions.

This assessment draws on learning activities and resources from weeks 1-4. It is designed for you to record and reflect on the decision-making preferences, processes and tools that you use personally on a daily basis and compare and contrast this with one or two major personal or business decisions. You should include in your reflective report:

1. Decisions actually made during a one- week period (select from weeks 1-3)

2. 1-2 major decisions you have made

3. Your decision-making preferences (see activity Module 1)

4. Personality style/ strengths and their impact on your decision-making style, bias and blind spots

5. Reflection on feedback and insights from at least three class members

6. Sources of data and use of decision-making tools to make decisions

7. Evaluation of those decisions and their significance

8. Visual interpretation of data / trends/ patterns

MGT602_Assess 1_Decision Style Analysis Page 1 of 4

9. References from weeks 1-4 (modules 1-2) subject learning resources that demonstrate your reading, understanding and ability to apply effective decision-making tools.

MGT602_Assess 1_Decision Style Analysis Page 2 of 4

Please Note: Your Decision Style Analysis is a Reflexive Writing piece -

You should write in the first person, because this is about YOU, your reflections and your interpretations. (e.g. “I considered this advice to be…... because it had a big impact on

me……...and it helped me to understand my………...”).

Try to be as specific as possible, use brief concrete examples from your real experience to illustrate and demonstrate learning outcomes (see grading rubric).

All principles of academic integrity apply, including acknowledgement of all sources in your report and a corresponding list of all references cited in your report, using APA 6^th edition reference style. Only list references that have been cited by you.

The APA referencing guide can be located in the Academic Writing Guide at http://library.think.edu.au/ld.php?content_id=1882254

1. Submit Assessment 1 in Turn-it-In; obtain your report.

2. Upload Assessment 1 PLUS the TII Report via the Assessment link in MGT602 Business Decision Analytics on the Student Portal for Blackboard. Then press ‘SUBMIT’.

3. The Learning Facilitator will provide feedback via the Grade Centre in the Student Portal. The rubric below summarises the grading criteria and standards required for each grade.

MGT602_Assess 1_Decision Style Analysis Page 3 of 4

Learning Rubric: MGT 602 Assessment One Decision Style Analysis 20 % (20 marks)

Fail

Pass

Credit

Distinction

High Distinction

(Functional)

(Proficient)

(Advanced)

(Exceptional)

Assessment Criteria

(Unacceptable)

50-64%

65-74%

75 -84%

85-100%

0-49%

1.

Reflect on a

Little or no authentic personal

Some personal reflection on

A clearly authentic personal

Comprehensive reflection on

Comprehensive and sophisticated

range of personal daily

reflection on daily decisions or

daily decision-making and

reflection on daily decision-making

daily decision-making and

reflection on daily decision-making

decisions and one major

major decision.

major decision-making is

and major decision-making is

major decision-making is

and major decision-making is

decision to analyse and

No, or limited analysis or

evident, with reference to at

evident, with clear analysis and

evident, with clear analysis and

evident, with explicit analysis and

evaluate sources of data,

evaluation of sources of data

least two sources of data,

evaluation of at least two sources

evaluation of at least three

evaluation of multiple sources of

data, decision-making styles and

decision-making style and

input, decision-making styles

decision-making styles and

of data, decision-making styles and

sources of data, decision-

tools.

decision-making tools.

and tools.

tools.

tools.

making styles and tools.

(25% -5/20)

2.

Compare and

Little or no evidence of

Some evidence of discussion

Clear evidence of discussion with at

Comprehensive evidence of

Sophisticated analysis and

contrast with other

discussions and feedback from

with two classmates and

least two classmates and

discussion with at least three

comparison of decision-making

decision-making styles and

classmates about bias and

comparative analysis of

comparative analysis of decision-

classmates and comparative

styles and the implication of bias

processes to identify bias

blind spots or comparison with

decision-making styles and

making styles and the implication of

analysis of decision-making

and blind spots for decision-

and blind spots (25% -5/20)

other decision-making styles

the implication of bias and

bias and blind spots for own

styles and the implication of

making. Feedback from at least

blind spots for own

decision-making

bias and blind spots for own

three classmates is discussed with

decision-making.

decision-making

recommendations to enhance own

decision-making

3.Prepare a business style

Report lacks logical

Report has basic

Report has a clear logical

Report has a strong

Excellent logic and structure.

report with headings and

coherence and clear

logical flow and

flow and structure,

logical flow and

Concise, accurate Executive

content that includes visual

structure

structure.

Clear expression of

structure. Accurate

Summary

representation of the data

Limited data analysis and no

Basic concepts and analysis

concepts and analysis.

Executive Summary.

Conclusion accurately captures

(25%-5/20)

visual representation of data.

are explained

Adequate visual

Conclusion accurately

deep learning and insights.

Attempts basic visual

representation of data

captures key learning.

Creative and engaging visual

representation of data.

trends/ patterns

Clear visual representation of

representation of data

data trends/ patterns

trends/ patterns.

4.Support your report with

No, or few references from

Makes some attempt to use

References support an adequate

References support a mostly

Sophisticated references support

references to key readings

within subject learning

relevant references from

argument and application of major

comprehensive argument and

comprehensive argument and

from the subject resources

resources weeks 1-4 (modules

within subject learning

concepts from within subject

application of major concepts

application of major concepts

weeks 1-4 (25%- 5/20)

1-2)

resources weeks 1-4

learning resources weeks 1-4

from within subject learning

from within subject learning

(modules 1-2)

(modules 1-2)

resources weeks 1-4 (modules

resources weeks 1-4 (modules 1-2

Many errors in text citations

and beyond).

1-2). Strong level of accuracy of

and reference list according to

Several major and minor

Several minor errors in text

in-text citations and reference

High level of accuracy of in-text

APA referencing guidelines.

errors in text citations and

citations and reference list

list according to APA 6th ed.

reference list according to

according to APA referencing

citations and reference list

style guidelines

according to APA 6th ed. style

APA referencing guidelines.

guidelines.

guidelines.

MGT602_ Assess 1_ Decision Style Analysis

Page 3 of 4

MGT602_ Assess 1_ Decision Style Analysis Page 4 of 4