Decision Making and Problem Solving Assignment
LEARNING OUTCOMES:
Knowledge - Evaluate theoretical and practical knowledge of Business Research in context of Management decision making
Skills - On successful completion of this course students will be able to;
- Analyse business problems, identify how research can increase understanding, reduce risk and contribute to improved decision making.
- Explain why a particular management problem would require use of qualitative and/or quantitative research techniques
- Develop a research plan
- Design a survey
- Perform data collection and analysis
- Analyse and Interpret research data
- Prepare a persuasive research report
- Work with others to find solutions for management problems.
Application of Knowledge and skills
Apply theoretical and practical knowledge of Business Research and in the diagnosis of organizational issues and the formulation of appropriate strategies Students will demonstrate research skills, showing initiative in consulting the academic literature and integrating fresh ideas into the discourse in preparation for life-long learning.
Students will demonstrate the capacity to write persuasive reports containing sound recommendations, in preparation for their career in business.
Group Project:
Identify a company.
Identify a management problem. (Note: not a market research nature).
Specify research questions which address the management problem/decision.
Design a research program.
Carry out the research.
Sourcing both secondary and primary data
Analyse the findings.
Identify alternatives and make recommendations to improve the performance of the organisation.
Prepare a persuasive report showing how the management problem/decision should be managed.
Prepare and deliver a persuasive presentation of the key points in your report.
Each group will also make a 10 minute presentation of their research and findings in week 10 or 11 and there would be an additional 5 minutes for questions and answers.
Prescribed Textbook (compulsory) -
Cooper (2013) Business Research Methods. 12th ed. McGraw-Hill ISBN: 9780073521503.
In this assignment Students will be assessed on their knowledge of the concepts covered in the course and their capacity to apply that knowledge to improve business decision making.
2000 words
5 apa reference.