BUS502 Assignment Brief
| Qualification | QUALIFI Level 5 Diploma in Business Management (601/6049/4) |
|---|---|
| Unit Code | BUS502 |
| Unit Title | Effective Decision Making |
| Unit Reference | Y/507/1613 |
| Credits | 20 |
| TQT | 200 |
| GLH | 80 |
Assignment Aim
The unit aims to equip the learner with the means to manage the process of decisionmaking rather than the outcome or decision itself. By recognising methods of decision taking, the learner can stress the need for greater participation of stakeholders to ensure pro-activity and innovation.
Learning Outcomes and Assignment Criteria
| Learning Outcomes When awarded credit for this unit, a learner will: | Assessment Criteria Assessment of this learning outcome will require a learner to demonstrate that they can: |
| 1. Review relevant issues that are important to making business decisions. | 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. |
| 2. Explore approaches to the decisionmaking process and how to improve approach. | 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. |
| 3. Recommend approaches to improve decision making. | 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. |
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