Assessment 1 In this assessment you are to use the decision-making models suggested in the Assessment 1 brief. You must show written and/or visual evidence of the use of those models in addressing...

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Assessment 1 In this assessment you are to use the decision-making models suggested in the Assessment 1 brief. You must show written and/or visual evidence of the use of those models in addressing the following decision-making issue. • Analyse why you have undertaken postgraduate study. The important emphasis here is on what you hope to gain from this extra level of education, balanced by the various covert and overt expenses you will incur. (I have undertake this study because in past I have started my own business but couldn’t run and I have to stop it . Then I started MBA hoping this study will help me understand all the theoretical knowledge so I can start my own business on my own and run successfully) I consider myself as a Rational Decision Making Model. Assessment One 1. Identify your decision preferences and 2. Determine ways of bringing flexibility to your decision style. 3. Construct a personal diary listing of how you made the decision on the topic given to you by your facilitator; reflect on those decisions 4. Complete the survey instrument that is on Blackboard; reviewand analyse the results received in the logic, intuitive and balance results ( As I performed the decision tool matrix, I was more intuitive followed by balanced and logistic.) 5. Work with a mentor-buddy in giving-gaining feedback on ways to address type differences, bringing balance to own-others’ decision preferences. 6. Map out a development plan lto offset the biases and blind spots that you identify in your decision making personality. Submission format Introduction: 100 words maximum. The introduction will present the reader with a clear and concise understanding of the following: 1. What is the submission about; 2. What theories will be used; 3 Your concise conclusion; and 4 The structure of the submission 2. Analysis and evaluation: 1300 words maximum. In this section you will analyse and evaluate your decision-making process using selected theories and concepts from the various Modules offered in Blackboard for this subject. You must include any blind spots or biases that you have identified in making this evaluative decision based on your research and formal feedback from others. 3. Conclusion: 100 words maximum. In this section you will provide a concise summation of your analysis and conclusion(s). 4. References: A minimum of 4 relevant academic references are required from seminal sources and books. These references MUST include references discussed and utilized in class plus any other appropriate and relevant references you have encountered in your research. Referencing must be APA style. For referencing information refer to: http://library.laureate.net.au/research_skills/referencing 5. Appendix: Must include copies of the actual feedback you have received from your peers with their names. 6. NOTE: This submission is to be presented as a report. Any tables prepared must be identified and discussed in the text/body and included in an appendix. This assessment has been designed to: ▪ Appraise your ability to research academic literature on decision making. You are expected to utilise the literature provided in Modules 1 and 2 as a foundation that guides your further academic research. ▪ Select and evaluate the usefulness of a range of decision-making tools and reflect on levels of rationality and intuition utilised during the decision-making process. ▪ Compare, contrast and critically evaluate sources of data as influences in the decision-making context ▪ Identify the relevant sources of influence and limitations in your decision-decision making process MGT602 Assessment 1 writing guidelines: This assessment draws on learning activities and resources from Modules 1 and 2. It is designed for you to engage in the decision-making process and then reflectively analyse your decision-making process using only theories and concepts from the Business Decision Analytics course (MGT602). You should include in your reflective report: ▪ The decision-making problem detailed by your learning facilitator ▪ Analysis of your decision-making preferences (see activity Module 1) ▪ Analysis and influence of your personality traits and the impact on your decision-making ▪ Details of the sources of data collected during the decision-making process and how this data was evaluated/analysed ▪ Analysis of the decision-making process using any of the models discussed in Modules 1 and 2 plus any of your further relevant readings ▪ Analysis of written feedback from at least 2 other people on your decision-making process in the topic nominated by your Learning Facilitator ▪ Discussion of your biases and blind spots uncovered from research of your personality traits and feedback from your peers. ▪ Relevant visual interpretation of data / trends/ patterns ▪ As a reflective analysis you will present your analysis in the first person. Assessment One 1. Identify your decision preferences and 2. Determine ways of bringing flexibility to your decision style. 3. Construct a personal diary listing of daily decisions dealt with over an extended period; reflect on those decisions 4. Complete the Intuition, Logic, Balance instrument 5. Map out a development plan leading to greater flexibility in own information processing and decision making. 6. See assessment topics on Blackboard in Assessment section Assessment One Prep: Week 1 • Access and complete the Decision Style Instrument [intuitionlogic-balance] Note down responses to the statements • Analyse Own Decision Preference Results. • Identify which of the preferences higher /lower than the norms provided. • Determine own decision preference areas for development • Select a complementary ‘buddy’ to work together on Assessment One. [different eg, MBTI/gender/work interests]. • Prepare to work together virtually in communicating, decisionmaking, getting and giving feedback