Module Descriptors
MAKING BUSINESS DECISIONS
ORGB50060
Key Facts
Faculty of Business, Education and Law
Level 5
15 credits
Contact
Leader: John Cooper
Hours of Study
Scheduled Learning and Teaching Activities: 24
Independent Study Hours: 126
Total Learning Hours: 150
Assessment
  • GROUP PRESENTATION weighted at 20%
  • REPORT weighted at 80%
Module Details
Module Texts
Cottrell, S., (2005) Critical Thinking Skills Palgrave Basingstoke
ISBN 1403996857
Moran, K. (2000) Investment Appraisal for Non-Financial Managers: A Step by Step Guide, London: Prentice Hall,





Module Resources
Staffordshire University electronic resources and off-campus library facilities
Module website
Management Help Website
http://www.managementhelp.org/prsn_prd/critical.htm
John Ramsay's Learning and Grade Improvement Techniques
http://www.staffs.ac.uk/schools/business/bsadmin/staff/s3/jamr.htm

Module Learning Strategies
The learning strategy for this module requires students to commit 150 learning hours (including assessment). This will include 24 hours of class support and 126 hours of independent and self directed study.

The class sessions will include formal lectures, case study analysis and group discussions based on student experiences in the subject area. Students will be encouraged to integrate their work based experiences with new knowledge and skills developed in the classroom as the module progresses.


Module Indicative Content
The purpose of this module is to introduce students to the formal use of critical reasoning processes and skills. Students will develop higher order thinking in relation to topics critical to decision making within organisations. Students will consider:

- Deductive and inductive logic
- Problem solving techniques
- Decision making models
- Business risk assessment
- Present arguments in both the written and verbal formats
- Financial aspects of decision making, including marginal costing, beak-even analysis and investment appraisal
Module Additional Assessment Details
The assessment is in two parts;

Part 1 - A group presentation on a specific problem solving exercise. 10 mins (20%) (LO 1, 2 and 3)

Part 2 - An individual report on the same topic as presented in Part 1. (1500 words) (80%) (LO 1, 2 and 3)