Decision Analysis

Individual report
You are required to provide a critical discussion on the various steps required for effective decision-making. You may focus on any decision-making

model as discussed in class, but it is critical that you provide an in-depth discussion of the various steps involved in effective decision-making. Kindly note

your report should provide references and should use the Harvard Reference System.
Expected table of contents: Introduction on the choice of decision model, Literature review on the chosen decision model, Critical discussion on the

chosen decision model, Conclusion, References
The assignment should be submitted in a pdf or Word document

Formalities:
Wordcount: 2500 words
Cover, Table of Contents, References and Appendix are excluded of the total wordcount.
Font: Arial 12,5 pts.
Text alignment: Justified.
The in-text References and the Bibliography have to be in Harvard’s citation style.

Submission: due end of Week 4 by the 21st June 2021 at 14:00 CEST – Via Moodle (Turnitin). Weight: This task is a 40% of your total grade for this subject.

It assesses the following learning outcomes:
Outcome 1: To have an in-depth understanding of effective decision-making processes within a business context marked by uncertainty, risk, danger, opportunity and growth.
Outcome 2: To identify and apply interpretive and analytical methods and tools for effective analysis and decision-making.
Outcome 3: To apply the framework of effective decision-making within the business context of Risk Management.
Outcome 4: To critically appreciate the framework of problem analysis with the context of decision-making.