Subject : Decision Making And Problem Solving

    Subject : Decision Making And Problem Solving

    Assessment criteria

    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.

     

    Individual Project 

    Each student will identify a company and conduct a research project on the company’s management problem

    Some suggested companies are:  Telstra, Qantas, Fosters.  You may however choose any company from any country. 

    A business can be thought of as a stream of decisions:

    What product should we make

    What price should we charge

    How should we get the product to market

    How should we communicate with potential customers about the product

    What regions should we operate in

    What partners should we have

    What market segments exist and which ones should we target

    Who should we employ

    How much training should we deliver

    Who should we promote

    What IT supplier should we use

    What advertising agency should we use

    Where should the office be located

    And many more.

    You should not be limited by this list.

    Sourcing both secondary and primary data, analysing and then drawing realistic conclusions, it will be presented in a report format and then the key issues and findings are to be presented.

    Finally submit a 500 word report utilising the concepts and models covered in the lectures to analyse, discuss, identify alternatives and make recommendations to improve the performance of the organisation.

     

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