BUS 027 Business Decision Making

This unit covers the development, implementation and utilization of business models for making managerial decisions.  Topics include an introduction to business decision making, problem definition and opportunity delineation, information management, generating ideas, evaluating and prioritizing potential solutions, financial forecasting and developing implementation plan.

Performance Requirements :

1. Develop a critical understanding of business decision models and approaches that facilitate managerial decision making.
2. Explore the factors that could influence business decision making, with a fours on true problems rather than the symptoms.
3. Critically analyse and evaluate the appropriate information requirements for specific decision-making situations, using appropriate graphical and statistical techniques.
4. Develop financial forecasting for your project, using four financial techniques.
5.