MN-2549: Decision Analysis 2022
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MN-2549: Decision Analysis
MAY/JUNE 2022
Answer TWO Questions ONLY
Question 1
(a) |
Explain how organisations can incorporate change management practices to increase the chances of successful outcomes for transformational initiatives and how how you could assess the impact of any proposed change. [25 marks] |
(b) |
Critically analyse the benefits of implementing a change management process and discuss the implications for the organisation if poor decisions are made in the management of stakeholders and selection of Sponsor. [25 marks] |
Question 2
(a) |
As a decision maker within an organisation, you are tasked with managing the forward path for a product release that has received very poor feedback from consumers and a substantial level of negativity on social media. Explain with the use of a decision tree structure and associated narrative, how the various options for dealing with the problem can be assessed. You can draw your own schematics and structure (include screenshot in submission) to illustrate your answer. [25 marks] |
(b) Critically assess the benefits and limitations of using decision trees for decision making and discuss the drawbacks in the context of the scenario in part a) . [25 marks]
Question 3
(a) Critically analyse the reasons why executives often fail to make ethical based decisions and how to prevent these problems. [25 marks]
(b) Using a case study of your choice, discuss the key challenges in establishing ethical based business practices and the risks to an established organisation. [25 marks]
Question 4
Explain the impact on organisations from Artificial Intelligence (AI) , Machine Learning (ML) and deep learning in the context of decision-making. You can illustrate your answer via the use of a case study organisation. [50 marks]
2023-06-10