MGMT20005 Business Decision Analysis Notes | Assignment Help | Syllabus
University: University Of Melbourne
“This course covers the theoretical foundations as well as practical applications of business analysis methods such as decision trees, simulation, and optimization. These frameworks will be used to help organizations make different choices, including entrepreneurship, strategy, operations, marketing, and finance.
Learning outcomes that are expected
Students should be able to do the following after completing this subject:
Give an example of a company issue or opportunity.
Alternative alternatives should be identified.
Define goals and create a performance matrix.
Deal with tradeoffs in decision-making.
Using spreadsheets, quantitatively evaluate choice options.
Analyze hazards using tools like probability analysis.
Use Excel spreadsheet tools like Data Tables, Goal Seek, and Solver to apply sophisticated problem-solving techniques.
Skills that are universal
Students should be able to do the following after completing this subject:
Manage decision-analysis teams; hone management decision-making abilities; and communicate effectively in decision-making situations ”
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