Posted: February 2nd, 2022

MGT602 Business Decision Analytics
Assessment Research

ASSESSMENT 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
Submission 12 week class: By 11:55pm AEST/AEDT Friday of Module
6.1 (Week 11)
Intensive 6 week class. By 11.55pm AEST Friday of module 6.1 (week 6)
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 decisionmaking;
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)
Assessment Criteria Fail
(Unacceptable)
0-49% Pass
(Functional)
50-64% Credit
(Proficient)
65-74% Distinction
(Advanced)
75 -84% High Distinction
(Exceptional)
85-100%
1. Critically reflect on the key themes for this subject: individual, group decision-making and business analytics, and reduction of bias for more effective business decision-making. (25% -10 marks) Little or no authentic personal reflection on individual, group and business decision-making and the use of analytics for organisations.
No, or limited reflection on bias
Some personal reflection on individual, group and business decision-making and the use of analytics in organisational decision-making is evident,
Some reflection on bias is evident. A clearly authentic personal reflection on individual, group and business decision-making and the use of analytics is evident, with clear links to the influence of bias on decisionmaking. Comprehensive reflection on individual, group and business decision-making and the use of analytics, with clear links to the influence of bias on decision-making. Comprehensive and sophisticated reflection on individual, group and business decision-making and the use of analytics is evident, including implication of bias and blind spots for decision-making.
2. Examine and analyse at least three decision-making tools and technologies to demonstrate their application in the workplace.
(25%- 10 marks) Little or no reference made to conceptual frameworks and explicit decision-making tools and technologies. Basic coverage of at least three decision-making tools and technologies, with reference to conceptual frameworks, data analytics and their workplace application. Clear analysis and comparison of at least three decisionmaking tools and technologies, with reference to conceptual frameworks, data analytics and their workplace application. Well-developed analysis and comparison of at least three decision-making tools and technologies, with reference to conceptual frameworks, data analytics and their workplace application. Sophisticated analysis of at least three decision-making tools and technologies, with reference to conceptual frameworks, data analytics and their workplace application.
3.Prepare a business style report with clear headings and visual interpretation and presentation of data trends/ patterns
(25%- 10 marks) Report lacks logical coherence and clear
structure
Limited data analysis and no visual representation of data.
Report has basic logical flow and structure.
Basic concepts and analysis are explained
Attempts basic visual representation of data.
Report has a clear logical flow and structure.
Clear expression of concepts and analysis. Adequate visual representation of data trends/ patterns Report has a strong logical flow and structure.
Accurate Executive Summary.
Conclusion accurately captures key learning. Clear visual representation of data trends/ patterns Excellent logic and structure.
Concise, accurate Executive Summary
Conclusion accurately captures deep learning and insights.
Creative and engaging visual representation of data trends/ patterns.
4.Support your argument with relevant contemporary literature including major resources from within the subject modules. (25%- 10 marks) No, or few references from within subject learning resources.
Many errors in text citations and reference list according to APA referencing guidelines.
Makes some attempt to use relevant references from within subject learning resources.
Several major and minor errors in text citations and reference list according to APA referencing guidelines. References support an adequate argument and application of major concepts from within subject learning resources.
Several minor errors in text citations and reference list according to APA referencing guidelines. References support a mostly comprehensive argument and application of major concepts from within subject learning resources.
Strong level of accuracy of intext citations and reference list according to APA 6th ed. style guidelines; minor errors. Sophisticated references support comprehensive argument and application of major concepts from within subject learning resources.
High level of accuracy of in-text citations and reference list according to APA 6th ed. style guidelines.
MGT602_Assess 3_Research Analysis Page 3 MGT602_Assess 3_Research Analysis Page 4
MGT602 Assessment 3 Research Analysis 2 of 4 MGT602 Report 3 Research Analysis 40% (40/100)
Criteria Fail \s(Unacceptable)
0-49 % Pass \s(Functional)
50-64 % Credit \s(Proficient)
65-74 % Distinction \s(Advanced)
75-84 % Distinction (Exceptional)
85-100 %
Consider the following essential themes: individual, group, and corporate analytics decision-making, and reducing bias for better business decision-making. (25%) -10 points Personal reflection on individual, group, and company decision-making and analytics for organizations is lacking.
No or minimal bias reflection
Some personal contemplation on individual, group, and commercial decision-making is evident, as is some reflection on bias. One can see a genuine personal reflection on individual, group, and business decision-making with clear linkages to influencing bias on decision-making. Comprehensive reflection on individual, group, and company decision-making, with clear linkages to prejudice. The usage of analytics and the implications of bias and blind spots on decision-making are clear.
2. Analyze at least three decision-making tools and technologies for workplace use.
(25%) (10 points) No clear reference to conceptual frameworks, decision-making tools, or technologies. Three decision-making tools and technologies, conceptual frameworks, data analytics, and workplace application. Compare at least three decision-making tools and technologies, focusing on their use in the workplace. At least three decision-making tools and technologies, comparing their conceptual frameworks, data analytics, and workplace applicability. Detailed examination of at least three decision-making tools and technologies, including conceptual frameworks, data analytics, and workplace use.
(3) Prepare a business-style report that clearly explains data trends/patterns.
(25%) (10 points) The report lacks consistency and structure.
Limited data analysis and no data visualization.
The report has a fundamental logical flow.
Concepts and analyses explained
Attempts rudimentary data visualisation.
The report is organized and logical.
Conceptual and analytical clarity. Visualization of data trends/ patterns The report has a good flow and organization.
True Executive Summary
Key learnings are accurately captured. Visualization of data trends/patterns Great structure and rationale.
A succinct Executive Summary
Insights and deep learning are accurately captured.
Visualization of data trends and patterns.
4.Back up your claim with current research, including important resources from the subject modules. (25%) (10 points) NO OR FEW RESOURCES FROM SUBJECT
Many APA referencing problems in text citations and reference list.
Uses pertinent references from subject learning resources.
Several big and small inaccuracies in text citations and reference list. In-text references support an acceptable argument and application of significant concepts.
Minor APA referencing issues in text citations and reference list. An argument and application of significant concepts from subject learning resources are supported by references.
Strong adherence to APA 6th ed. style guidelines for intext citations and references; minimal mistakes. References within subject learning resources support comprehensive argument and application of significant concepts.
High correctness of in-text citations and reference list per APA 6th ed.
Research Analysis Page 3 of MGT602 Research Analysis Page 4 of MGT602

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