Decision making is at the heart of management and business activity. It introduces theories and models to understand behavioural dimensions of decision making.Students will examine the decision making process through a multi-disciplinary lens and explore the multiple factors that affect choice and judgment by individuals, groups and as organisations. Throughout the course, students will be introduced to different decision making challenges faced in circumstances of incomplete information, limited time, finite resources and bounded rationality.
Availability2019 Course Timetables
- Semester 2 - 2020
Newcastle City Precinct
- Semester 2 - 2020
On successful completion of the course students will be able to:
1. Evaluate decision processes, outcomes and contingencies
2. Apply decision-making theories to case study problems and their solutions as well as to personal experience in the group assignment.
3. Contribute effectively as a team member in applying decision-making skills to a group project.
The topics in this course include the following:
- Decisions and contemporary issues in decision-making
- Decision making approaches and processes
- Risk and uncertainty in decision-making
- Individual, groups and organisations as decision makers
- Power and politics in decision making
- Context of decision-making
- Strategic decision-making
- Leadership, values and ethics in decision-making
MNGT1001 Introduction to Management
Case Study / Problem Based Learning: Case Study - Group Task and Individual Task
Essay: Individual Essay
Formal Examination: Final examination
Ourimbah and Newcastle City Precinct
Integrated Learning Session
Face to Face On Campus 2 hour(s) per Week for Full Term
Students are required to complete four hours of guided learning via online preparation, lectures, interactive workshops, tutorials, discussion groups or self-directed learning and an additional six hours of independent study per week.