Assignment 1 Spreadsheet Decision Modeling

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Assignment 1

MGT425-Spreadsheet Decision Modeling

Deadline: 25/2/2021

Instructions – PLEASE READ THEM CAREFULLY

1- 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).

2- Zero plagiarism

3- Avoid misspellings and grammar.

4- Citing of references is also necessary.

5- Students must mention question number clearly in their answer.

6- All students are encouraged to use their own word

Course Learning Outcomes-Covered

PLO

Course Learning Outcome (CLO)

Question

1.3

Demonstrate the tools for deciding when and which decision models to use for specific problems

Question 1

2.5

Ability to find some structured way of dealing with complex managerial decision problems.

Question 1

2.9

Explain simple decision models and management science ideas that provide powerful and (often surprising) qualitative insight about large spectrum of managerial problems

Question 2

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 03, 2019

Assignment Question: (5-Marks)

Read the above article and answer the following Questions:

1. Explain the objective of this study titled as “Intuitive and Rational Cognition in the Theory and Practice of Management Sciences”. (300-400 words) 2 Marks

2. How this article is beneficial and related to problem solving process that you have studied in your course? (200-300 words) 1.5 Marks

3. What is the role of intuition in the managerial decision making process?

(200-300 Words) 1.5 Marks

Rubric

Excellent (5)

Very Good (4)

Good (3)

Unacceptable (2)

Marks: (100%)

Marks: (100%)

Marks: (80%)

Marks: (60%)

Marks: (40%)

Content

(70%)

Answer all questions and provide support for arguments.

Answer all questions but no support for arguments.

Answer two questions, but no support for

Arguments.

Answer only one question, but no support for

Arguments.

Writing and Format

(30%)

Perfectly written and formatted

Adequately written and formatted

Satisfactorily written and formatted

Completely written and formatted

Answers: