MGT602 Business Decision Analytics Research Analysis Report- An ASSESSMENT 3 BRIEF

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
        12 week class: By 11:55pm AEST/AEDT Friday of Module
        
    Submission    6.1 (Week 11)
        Intensive 6 week class. By 11.55pm AEST Friday of
        
        module 6.2 (week 12)
    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    1 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 decision-making;

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    2 of 4

Learning Rubric: MGT602 Assessment 3 Research Analysis Report 40% (40/100 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.    Critically reflect        Little or no authentic        Some personal reflection on        A clearly authentic personal        Comprehensive reflection on        Comprehensive and sophisticated
    on the key themes for        personal reflection on        individual, group and business        reflection on individual, group        individual, group and business        reflection on individual, group and
    this subject: individual,        individual, group and        decision-making and the use of        and business decision-making        decision-making and the use        business decision-making and the
    group decision-making        business decision-making and        analytics in organisational        and the use of analytics is        of analytics, with clear links to        use of analytics is evident, including
    and business analytics,        the use of analytics for        decision-making is evident,        evident, with clear links to the        the influence of bias on        implication of bias and blind spots
    and reduction of bias for        organisations.                    influence of bias on decision-        decision-making.        for decision-making.
    more effective business        No, or limited reflection on        Some reflection on bias is        making.                        
    decision-making.                evident.                                    
    (25% -10 marks)        bias                                                
                                            
2.    Examine and        Little or no reference made        Basic coverage of at least three        Clear analysis and comparison        Well-developed analysis and        Sophisticated analysis of at least
    analyse at least three        to conceptual frameworks        decision-making tools and        of at least three decision-        comparison of at least three        three decision-making tools and
    decision-making tools        and explicit decision-making        technologies, with reference to        making tools and technologies,        decision-making tools and        technologies, with reference to
    and technologies to        tools and technologies.        conceptual frameworks, data        with reference to conceptual        technologies, with reference        conceptual frameworks, data
    demonstrate their                    analytics and their workplace        frameworks, data analytics and        to conceptual frameworks,        analytics and their workplace
    application in the                    application.        their workplace application.        data analytics and their        application.
    workplace.                                            workplace application.            
    (25%- 10 marks)                                                            
                                            
    3.Prepare a business        Report lacks logical        Report has basic logical        Report has a clear        Report has a strong        Excellent logic and structure.
    style report with clear        coherence and clear        flow and structure.        logical flow and        logical flow and        Concise, accurate Executive
    headings and visual        structure        Basic concepts and analysis are        structure.        structure.        Summary
    interpretation and        Limited data analysis and no        explained        Clear expression of        Accurate Executive        Conclusion accurately captures
    presentation of data        visual representation of data.        Attempts basic visual        concepts and analysis.        Summary.        deep learning and insights.
    trends/ patterns                    representation of data.        Adequate visual        Conclusion accurately            
    (25%- 10 marks)                                representation of data        captures key learning.        Creative and engaging visual
                                            trends/ patterns        Clear visual representation of        representation of data
                                                        data trends/ patterns        trends/ patterns.
                                            
    4.Support your        No, or few references from        Makes some attempt to use        References support an        References support a mostly        Sophisticated references support
    argument with relevant        within subject learning        relevant references from within        adequate argument and        comprehensive argument and        comprehensive argument and
    contemporary literature        resources.        subject learning resources.        application of major concepts        application of major concepts        application of major concepts from
    including major        Many errors in text citations        Several major and minor errors        from within subject learning        from within subject learning        within subject learning resources.
    resources from within                        resources.        resources.            
    the subject modules.        and reference list according        in text citations and reference list                                High level of accuracy of in-text
    (25%- 10 marks)        to APA referencing        according to APA referencing        Several minor errors in text        Strong level of accuracy of in-        citations and reference list
                    guidelines.        guidelines.        citations and reference list        text citations and reference        according to APA 6th ed. style
                                            according to APA referencing        list according to APA 6th ed.        guidelines.
                                            guidelines.        style guidelines; minor errors.            
                                            
MGT602_Assess 3_Research Analysis                                        Page 3

MGT602_Assess 3_Research Analysis    Page 4