BM7102: Business Decision Making

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Please note this module descriptor is indicative of the structure of this course and may be subject to change.

BM7102: Business Decision Making

Module Title Business Decision Making
Module Code BM7102
Module Tutor Babak Jafarizadeh
School Business School
CAT Points 15
Level of Study 7
Brief Description

The module aims to provide students with an applied understanding of business decision making by focusing on behavioural and management science approaches. It utilises these two approaches to evaluate the reality of practical decision making. The role of intuitive versus analytical approaches to decision making will also be explored and how approaches to Decision Making can influence sustained development and innovation in business.

This module incorporates CIPD 7SBL LO5

Indicative Syllabus
  1. The decision making process

 

  1. Ethical decision making

 

  1. Decision making in a financial context

 

  1. Information and statistics in decision making

Learning Outcomes

A student passing this module should be able to:

1.Develop a critical understanding of business decision models and approaches, which facilitate business decision making 

 

2.Explore the factors that could influence decision making, with a focus on ethical decision making

 

3.Critically analyse and evaluate the appropriate data requirements for specific decision making situations and understand how decision making approaches can promote creativity and innovation in organisations (CIPD 7SBL5)

 

4.Structure data for use in a range of applications software. (CIPD 7SBL6)

 

5.Analyse and interpret data so as to enable management decisions using appropriate graphical and statistical techniques (CIPD  7SBL5)

 

6.Analyse and interpret data so as to enable management decisions using appropriate financial techniques (CIPD 7SBL5)

 

Critically evaluate findings and communicate them effectively to management   

Learning and Teaching Activities

Scheduled learning and teaching activities: 30 hours: Include lectures, seminars, discussion, practical classes

Guided independent study: 120 hours: Self-directed study

Assessment (For further details see the Module Guide) 001: 100% Coursework: Individual, standard written: 4500 words
Special Assessment Requirements
Indicative Resources The current reading list can be found in the Module Guide, which your lecturer should make available via Moodle.

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