MGB2321

Management methods and decision making

Mr Peter Townsend

6 points
* One 2-hour lecture and one 1-hour tutorial per week
* First semester
* Berwick
* Prerequisite: MGB2320

Objectives This subject aims to create an understanding of problem solving and decision-making in the global management context. A conceptual framework will be developed through analyses of specific decisions in organisations and exploration of personal decision-making styles. The subject also promotes the diversity of skills to be applied in the decision-making process.

Synopsis The firm and the nature of decision-making rationale, decision-making, incremental decision-making and the nature of strategy-making. The decision-maker - the individual, organisational culture and decision-making. The politics of decision-making, group decision-making, decision-making and the environment, employee participation in decision-making and qualitative decision-making techniques.

Assessment Assignment one (2000 words): 20%
* Assignment two (3000 words): 30%
* Examination (3 hours): 50%
* Students must obtain a satisfactory result in all areas of Assessment

Prescribed texts

Harrison E F The managerial decision making process Houghton Mifflin, 1995
Rowe A J and Boulgarides J D Managerial decision making Maxwell Macmillan, 1994