Spreadsheet Decision Modelling

For Instructors Use only

Instructions PLEASE READ THEM CAREFULLY

The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.Assignments submitted through email will not be accepted.

Submissions without this cover page will NOT be accepted

Students are advised to make their work clear and well presented; marks may be reduced for poor presentation. This includes filling your information on the cover page.

Students must mention question number clearly in their answer.

Late submission will NOT be accepted.

Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.

All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).

Maximum marks for this assignment are 10 marks.

Course Learning Outcomes-Covered

1.Find some structured ways of dealing with complex managerial decision problems. (CLO1, Questions: 1-2-3 and 4)

Assignment Instructions:

Answer the following Questions:

Assignment Questions:(Marks 10)

Question 1:In todays data-driven business environment, business analysts play a crucial role in shaping the organizational strategies and outcomes. Consider a business scenario where decisions are made without analysing the data. What potential risks and challenges an organization might face, and how could these be mitigated by the business analysts through effective data analysis? (250-300 Words)(2.5 marks).

Question 2:What ethical responsibilities do business analysts must keep in mind when collecting, analysing, and presenting data. How can misuse or misinterpretation of data impact stakeholders and damage organizations credibility? (250-300 Words) (2.5 marks).

Question 3:How are advancements in communication technologies and the rise of remote work reshaping the dynamics between centralized and decentralized decision-making in contemporary organizations? (250–300 words)(2.5marks).

Critical Thinking Question

Question 4:Reflecting on the concept of analysis paralysis- where excessive information gathering leads to indecision- consider a significant decision you have made recently such as purchasing/renting a home or land. Describe the steps you took to reach your decision. In what ways could collecting too much information have led to analysis paralysis during this process, and how might this have impacted your final choice? (250-300 Words)(2.5 marks).

Answers:

1.

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