BUSN11079: Discuss the importance of decision making and the application of decision analysis: Analytical Thinking and Decision Making Assignment, UWS, Malaysia
|University||University of the West of Scotland (UWS)|
|Subject||BUSN11079: Analytical Thinking and Decision Making|
- Discuss the importance of decision making and the application of decision analysis.
- Identify and outline a decision problem relating to your work, personal experience or an external organisation, which involves multiple objectives. Typical examples might be choosing, a computer system, a raw materials supplier, a software package or a new service provider. The outlined decision problem should have a clear business case. Your decision problem must not be a replication of the examples in the core textbook or the examples which have been used in lectures and tutorials.
- Apply the Simple Multi-Attribute Rating Technique (SMART) to the outlined decision problem. Each stage of the analysis should be clearly defined and presented.
- Discuss and detail the strengths and limitations of your analysis in the context of your decision problem
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