MGT425-Spreadsheet Decision Modeling
| Kingdom of Saudi Arabia Ministry of Education Saudi Electronic University | المملكة العربية السعودية وزارة التعليم الجامعة السعودية الإلكترونية |
College of Administrative and Financial Sciences
Assignment-1
MGT425-Spreadsheet Decision Modeling
| Course Name: Spreadsheet Decision Modeling | Student’s Name: |
| Course Code: MGT425 | Student’s ID Number: |
| Semester: Third | CRN: |
| Academic Year: 2022-2023 (1444 H) | |
For Instructor’s Use only
| Instructor’s Name: | |
| Students’ Grade: Marks / Out of 15 | Level of Marks: High/Middle/Low |
General 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.
- 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).
- Submissions without this cover page will NOT be accepted.
Course Learning Outcomes-Covered
| Aligned (PLOs) | Course Learning Outcomes (CLOs) | Question |
| MGT.K.1 (1.1) | Find some structured ways of dealing with complex managerial decision problems. | Question- 1 |
| MGT.K.3 (1.2) | Explain simple decision models and management science ideas that provide powerful and (often surprising) qualitative insight about large spectrum of managerial problems. | Question- 2 |
| MGT.S.1 (2.1) | Demonstrate the tools for deciding when and which decision models to use for specific problems. | Question-3, 4 |
| MGT.V.1 (3.1) | Build an understanding of the kind of problems that is tackled using Spreadsheet Modeling and decision analysis. | Question-5 |
Assignment Instructions:
- Log in to Saudi Digital Library (SDL) via University’s website
- On first page of SDL, choose “English Databases”
- From the list find and click on EBSCO database.
- In the Search Bar of EBSCO find the following article:
Title: “Intuitive and Rational Cognition in the Theory and Practice of Management Sciences”
Author: Marcin Nowak, Joanna Ziomek
Date: March 26, 2019
Assignment Questions: (Marks 15)
Read the above case study and answer the following Questions:
Question 1: Explain the role of rational and intuitive cognition in the theory and practice of management. (250-300 words) (3-Marks).
Question 2: Discuss that the decision-making process takes place in conditions of permanent uncertainty under the pressure of time. (250-300 words). (3-Marks).
Question 3: Discuss the inadequacy of the management theory in relation to problems faced by management practitioners in the decision-making process. (250-300 words) (3-Marks).
Question 4: Explain the various stages of problem-solving process with suitable examples. (250-300 words) (3-Marks).
Question 5: What is your learning from this study and how it is beneficial for you? (250-300 words) (3-Marks).
