Reference no: EM132908062

Effective Decision Making

Assignment Question

Scenario
Learners may use their own employment context to write an assignment based on assessment tasks. Assessment tasks are learning outcomes of the unit associated with Assessment Criteria. You are required to generate sufficient evidence on assessment criteria to meet learning outcomes of the unit within the rules, regulations and standards to achieve credits of the unit. If you are not in employment, please use the following scenario.

Consider you are working as a Business Development Manager of a small-medium sized organisation, which deals with its customers all over the world to sell its products and services. You are leading a team of ten individuals within your company who are interacting with customers individually or in a group in their day-to-day roles and responsibilities to achieve the sales target, develop business relationship and provide customer services. You are using your managerial and leadership abilities, skills and capabilities to influence, motivate, and enable individuals and groups in your organisation to contribute toward the effectiveness and success of the organisation goals. That includes planning and then sound decision making in any business situation and context, adoption of contingency plans in adverse situation, organising resources, leading and implementing strategies to achieve the organisational short- and long-term targets. You have been asked to write an assignment based on reviewing, exploring, researching, analysis and improvement of business decision making by meeting the following 3 tasks to demonstrate your managerial qualities and skills.

Task 1 - 600 words
Review relevant issues that are important to making business decision.

1.1: Outline the relevant issues that are important to making business decisions, with particular reference to stakeholder needs and expectations.

1.2: Review the relevant information of the business issues where decisions are needed.

Assessment Criteria
1.1: Review several different business issues where decisions are needed and analyse stakeholder needs and expectations for each case.

1.2: Research and review all relevant information and knowledge on the business issues where decisions are needed.

Task 2 - 800 words
Explore approaches to the decision-making process and how to improve approaches.
2.1: Evaluate processes for obtaining relevant information on business issues and identify where any strengths or weaknesses in approach exists.
2.2: Make decisions based upon information gained; provide justifications for these decisions and explain how the decisions should be disseminated.

Assessment Criteria
2.1: Evaluate processes for obtaining relevant information on business issues for given organisations and identify where any strengths or weaknesses in approach exists.
2.2: Take decisions based upon information gained, provide justifications and say how the decision should be disseminated.
2.3: Make recommendations for improvements to the decision-making process and make sure there is relevant participation in the process.

Task 3 - 600 words
Recommend approaches to improve decision making.
3.1: Make recommendations for improvements to the decision-making process, ensuring there is relevant participation in the process.
3.2: Plan for, communicate and oversee new approaches to decision making.
Assessment Criteria
3.1: Plan for, communicate and oversee new approaches to decision making.
3.2: Identify and develop measures to allow the effectiveness of the decision-making process to be evaluated

Referencing
A professional approach to work is expected from all learners. Learners must therefore identify and acknowledge ALL sources/methodologies/applications used.
The learner must use an appropriate referencing system to achieve this. Marks are not awarded for the use of English; however, the learner must express ideas clearly and ensure that appropriate terminology is used to convey accuracy in meaning.

Attachment:- Effective Decision Making.rar