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BUS501 - Decision Making

2021

Sector

Higher Education

Discipline

Business

ECO502

Unit Description

This postgraduate unit introduces students to key concepts and models that are used in effective organisational decision making. Students will learn how data analysis and inference can support sound business decisions. Students will also reflect on the key role of managers as decision makers. In doing so, the unit focuses on advanced knowledge, skills, techniques and methodologies required by management in the exploration and investigation of different aspects strategic business performance to promote insights that lead to effective decision making.

Text Book

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Unit Learning Outcomes

1.	Critically discuss different quantitative and qualitative tools commonly used in organisational decision making.
2.	Design and evaluate investigations that demonstrate an ability to make informed decisions based on data.
3.	Critically report the findings of an investigation and how they may be used to inform organisational decisions.
4.	Demonstrate a critical understanding of, and competence in, team decision making processes.
5.	Critically discuss the role of planning and strategy in making effective organisational decisions.

Assessment Overview

	Assessment Task	Value (of total mark)	Related Learning Outcome/s
1.	Written Assessment: Problem Based (1000 - 1500 words)	20%	1,2,3
2.	Group Research Planning Report (2000 - 2500 words)	35%	1,3,4,5
3.	Written Assessment: Problem Based (3000 - 3500 words)	45%	1,2,3,4,5

Unit Availability

Year	Semester	Att Mode	Location	Learning Method	Timetable*
2021	Semester 1	Internal	CDU Waterfront Darwin	OLR	View
2021	Semester 1	External	External Studies	OLR	View
2021	Semester 2	Internal	CDU Waterfront Darwin	OLR
2021	Semester 2	External	External Studies	OLR

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OLR: Internet access is required for this unit as students are required to access study materials provided on-line through Learnline. Please log into Learnline on the first day of each teaching period. For more information about Learnline, please click here.

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Fee Information:
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2021 Domestic Unit Fees (PDF)