Managing Under Uncertainty

Course code GSBS6001
Available in 2015
2015 Course Timetables

Description

Managing Under Uncertainty (MUU) develops introductory skills concerning managerial decision making. You will develop an understanding of decision making processes with a focus on critical judgment, analytical logical reasoning and creative problem solving. You will also be introduced to decision-making challenges and contexts that are faced by managers under incomplete information and bounded rationality.

Availability

UoN Singapore

  • Trimester 1 - 2015 (Singapore)
  • Trimester 2 - 2015 (Singapore)
  • Trimester 3 - 2015 (Singapore)

WebLearn GradSchool

  • Trimester 1 - 2015
  • Trimester 2 - 2015
  • Trimester 3 - 2015

Newcastle City Precinct

  • Trimester 1 - 2015
  • Trimester 2 - 2015
  • Trimester 3 - 2015

Sydney Bathurst Street

  • Trimester 1 - 2015
  • Trimester 2 - 2015
  • Trimester 3 - 2015

Learning Outcomes

1. Recognise and articulate various decision making perspectives and techniques.

2. Use relevant literature to construct and support a written argument.

3. Apply critical judgment, analytical and logical reasoning, strategic thinking, and creative problem solving skills to decision making.

4. Reflect upon one's own managerial decision making and that of others.

Content

This course includes but is not limited to the following topics:

  1. Nature of decision making
  2. Decision making processes
  3. Uncertainty and risk in decision making
  4. Personality and values in decision making
  5. Ethics and ethical practice in decision making
  6. Psychology of decision-making
  7. Sociology of decision making
  8. The social psychology of decision making
  9. Professional reflective practice
  10. Evaluation of decisions

Assessment Items

Written Assignment: Observation Review

Case Study / Problem Based Learning: Individual Case Study Analysis

Case Study / Problem Based Learning: Personal Case Study Reflection

Contact Hours

Lecture

Face to Face On Campus 3 hour(s) per Week for Full Term

Internal Mode and Flexible Delivery: 36 hours of lectures for Full Trimester/Block Online: Online workshops and discussion forums as per course requirements for Full Trimester.