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Business Decision Analytics: Comparing and Contrasting Decision-Making for Various Business Contexts

Data management assessment for MGT602 course

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Added on  2023-05-28

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This report compares and contrasts decision-making for various business contexts using case studies and research analysis. It discusses the importance of business analysis and provides recommendations for effective decision-making.

Business Decision Analytics: Comparing and Contrasting Decision-Making for Various Business Contexts

Data management assessment for MGT602 course

   Added on 2023-05-28

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MGT602 Business Decision Analytics
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Business Decision Analytics: Comparing and Contrasting Decision-Making for Various Business Contexts_1
Executive Summary
Two scenarios A and B are reviewed and analyzed in this report. Both these scenarios have
different case study. Subsequently, there are different objectives which are studied. The case
studies reflects different size organizations and their problems, related to clarity in data. The
node map and Leximancer content analysis map are provided, which are analyzed. A set of
research questions are answered based on these maps.
Table of Contents
1. Introduction............................................................................................................................................................ 1
2. Overview of Scenario-A........................................................................................................................................... 2
2.1 Identification of Clusters..................................................................................................................................... 3
Business Decision Analytics: Comparing and Contrasting Decision-Making for Various Business Contexts_2
2.2 Key Members of Clusters Selected to Attend Meetings........................................................................................4
3. Overview of Scenario-B........................................................................................................................................... 4
4. Research Analysis and Results................................................................................................................................. 5
4.1 Analysis.............................................................................................................................................................. 5
4.2 Results................................................................................................................................................................ 7
5. Recommendations................................................................................................................................................... 7
6. Conclusion............................................................................................................................................................... 8
References-16apa............................................................................................................................................................. 9
List of Figures
Figure 1: Map..................................................................................................................................3
Figure 2: Leximancer Concept Map................................................................................................5
List of Tables
Table 1: Cluster Identification.........................................................................................................3
Table 2: Key members of clusters selected to Attend Meetings......................................................4
Business Decision Analytics: Comparing and Contrasting Decision-Making for Various Business Contexts_3
1. Introduction
This report’s context is based on the constantly changing work environments, which
forces the contemporary organisations to adopt the advanced methods, which help to bring
groups of people together. Thus, forming the virtual teams is the context here. In this technology
oriented world, it is necessary for the organizations to move accordingly, and accept new trends.
Moreover, the technology helps the managers in various management aspects. Additionally, it
also increases difficulties and challenges the managers. Thus, it is required that managers and
staff with effective skills are selected by the organization, while hiring them. The technology
helps in terms of communication and decision making.
The two scenarios A and B are studied and examined in this report, for comparing and
contrasting decision-making, for various business contexts. Both these scenarios have different
case study. Subsequently, there are different objectives which are studied. The case studies
reflects different size organizations and their problems, related to clarity in data. The node map
and Leximancer content analysis map are provided, which are analyzed. A set of research
questions are answered based on these maps. In order to achieve sustainable results, decision
making systems and techniques will be assessed thoroughly. Critical examination of tools need to
be conducted. Each scenario has a set of tasks which will be performed. The research analysis
questions deal with the, managers, clusters, customers and business.
Research Questions
The following are the research questions from both the Scenarios, A and B respectively:
Scenario-A
a) How to decide on the cluster’s type and size?
b) In the clusters, what is basis for the node selection?
c) Are the ‘dangling nodes’ included in this analysis? Why or Why Not?
d) Are the unconnected nodes included in your clusters? Why or Why not?
e) What is the justification for selecting two R.D & D staff per each cluster, to attend
the meeting areas over others in different clusters?
Scenario-B
a) What form does the field service staff members’ communication take?
b) Who are they most likely communicating with, and about what?
1
Business Decision Analytics: Comparing and Contrasting Decision-Making for Various Business Contexts_4

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