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Business Decision Making for Management

(UMCDN3-15-1)

Module Handbook 2023-24

Contents
Page

1. Aim of the Module Handbook 1


2. Module team information 1
3. Module structure 2
4. Assessment 4
5. Additional information and reading lists 8
6. Communication 9
7. Advice and support 9

1. Aim of the Module Handbook


This Module Handbook is a guide for Level 4 students at Bristol Business School, who are studying
Business Decision Making for Management as part of the following degree courses: BA Business and
Human Resource Management; BA Business and Law; BA Business and Management; BA Business
Management and Leadership; BA International Business; and BSc Business Administration.

Please note that the electronic version of this handbook will be kept up to date and students will be
notified of any significant changes. If students print a hard copy of any information, they should
remember to refer back to the electronic version to ensure they are working with the most current
information.

2. Module team information


2.1 Business Strategy Module Team

This element of the module is delivered by a team drawn from the College of Business and Law
(CBL).

Leader: Mike Robinson – Email: mike.robinson@uwe.ac.uk


Hussein Abulrob – Email: hussein.abulrob@uwe.ac.uk
Nhi Ho – Email nhi.ho@uwe.ac.uk
Giang Nguyen – Email: giang8.nguyen@uwe.ac.uk
Marianne Tracy – Email: marianne.tracy@uwe.ac.uk

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2.2 Business Statistics Module Team

This element of the module is delivered by a team drawn from the College of Arts, Technology, and
the Environment (CATE).

Leader: Iain Weir – Email: iain.weir@uwe.ac.uk


Jason Anquandah – Email: jason.anquandah@uwe.ac.uk
Narges Dailami – Email: narges.dailami@uwe.ac.uk
Ben Derrick – Email: ben.derrick@uwe.ac.uk
Andrew Smith – Email: andrew18.smith@uwe.ac.uk
Vadim Zverovich – Email: vadim.zverovich@uwe.ac.uk

2.3 External Examiners

External examiners from other institutions are appointed to the module to act independently and
with the module team in the management of threshold academic standards. The external examiner
appointed to this module can be found at:

http://www2.uwe.ac.uk/services/Marketing/about-us/cas/Extnl_Exam_Allocation_to_Mods.pdf

3. Module structure
The aim of the module is to provide students with an applied understanding of business decision
making. The module has two key threads:

3.1 Business Strategy Tutorials

A ‘context’ thread: delivered each week by a team from CBL, through a one-hour weekly tutorial that
examines the nature of business decision making. This includes:

 The business decision making context


 The value and function of both quantitative and qualitative data
 The use of decision-making concepts, tools, and techniques in a practical context
 The role of ethics in business decision making
 Situating these in the context of business, management, leadership, international business,
human resource management, and law (and their evolving technological, economic,
political, and social environments)
 Taking a critical approach of the above in the context of real-world business
 Evaluation of learning through the assessment component (Business Decision Making
Report)

3.2 Business Statistics Lectures, Lectorials, and Workshops

A ‘statistics’ thread: delivered each week by a team from CATE through a one-hour asynchronous
online pre-recorded lecture, together with a supporting one-hour confirmatory lectorial, plus a one-
hour computer-based workshop. This includes:

 Basic descriptive statistics, such as averages and spread


 Basic inferential statistics for both parametric and non-parametric data, including t-tests,
chi-square, regression, and correlation
 Other business tools including Gantt charts, critical path analysis, probability, and decision-
making trees
 Evaluation of learning through the assessment component (Remote Online Tests)
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3.3 Weekly timetable

UWE Business Statistics Business Statistics Business Strategy


Week Date w/c
Week Lecture Workshop Tutorial

Introduction to
Introduction, and
Statistical Product Introduction: what is
1 29-Jan-24 24 illustrative and
and Service decision-making?
descriptive statistics
Solutions (SPSS)

Illustrative and Rational and non-rational


2 05-Feb-24 25 Normal distribution
descriptive statistics decision-making

External analysis: PESTEL;


3 12-Feb-24 26 One-sample t-test Normal distribution
and Five Forces

Internal analysis:
Critical path analysis
4 19-Feb-24 27 One-sample t-test McKinsey 7S; and
and Gantt charts
organisational culture

Strategic options (1):


REMOTE ONLINE
5 26-Feb-24 28 Independent t-test market-competing
TEST 1
(Porter / RBV)

Strategic options (2):


6 04-Mar-24 29 Paired t-test Independent t-test market-creating
(Blue Ocean)

Strategic options (3):


Probability and
7 11-Mar-24 30 Paired t-test Ansoff Matrix; and
decision trees
Lynch Matrix

Evaluating strategic
REMOTE ONLINE
8 18-Mar-24 31 Correlation options: TOWS; and
TEST 2
Multifactor Matrix

Simple linear Ethics (1): the origins of


9 25-Mar-24 32 Correlation
regression business ethics

- 01-Apr-24 33
Spring Break
- 08-Apr-24 34

Chi-squared test of Simple linear Ethics (2): the impact of


10 15-Apr-24 35
association regression ethics on strategy

Adviveon Business REMOTE ONLINE Revision and exam


11 22-Apr-24 36
Report Assignment TEST 3 preparation

3.4 Case Study


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The case study that will be discussed in the Business Strategy Tutorials is available on Blackboard
under the Module Information and Overview tab. Students may be asked to read relevant sections
of the case study prior to their Business Strategy Tutorial and may be required to apply the theories
and models taught in the Business Strategy Tutorial in order to develop the skills of application,
analysis, and evaluation, that will be evaluated in the assessment component.

4. Assessment
There are four points of assessment, a summary of which is provided in the table below:

Submission Topic and format Feedback date Staff


date (return of work)
w/c
Remote online DEWIS test on one-sample t-test 04-Mar-2024 CATE
26-Feb-2024
w/c
Remote online DEWIS test on independent t-test 25-Mar-2024 CATE
18-Mar-24
w/c Remote online DEWIS test on correlation and
29-Apr-2024 CATE
22-Apr-24 regression
01-May-2024 Business Decision Making Report (1,200-word
29-May-2024 CBL
(2.00 p.m.) Word document submitted on Blackboard)

4.1 Business Statistics Task (worth 50% of module)

CATE administers the remote online DEWIS tests, the purpose of which is to assess the student’s
understanding of business statistics and their application of them in conducting analysis.

There will a 24-hour window to complete each of the remote online tests, starting from 19:00 on the
day of each student’s scheduled Business Statistics Workshop in the test weeks. Once the test has
been started, it must be submitted within the time allocated to the student (i.e., 30 minutes; 30
minutes plus 25% extra = 37.5 minutes; or 30 minutes plus 50% extra = 45 minutes). Submissions
made after the deadline will not be marked.

The mean mark from the two highest scoring tests of the three will contribute to the module mark.

4.2 Business Strategy Task (worth 50% of module)

4.2.1 Purpose and task

CBL supervises the 1,200-word Business Decision Making Report, which involves a critical reflection
on a strategic decision of a company. For 2023-24, the case study used for the Business Decision
Making Report will be Jack Wills.

The purpose of this assessment task is to build the student’s critical understanding of the business
decision making context. To develop this individual report, students are required to identify, select,
and analyse appropriate data, explore the factors that influence decision making, and employ
relevant decision-making concepts and techniques.

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A detailed assignment brief will be provided to students in Week 2 of the module, but the report will
be based on the company and an analysis of its potential for the future. Appropriate concepts, tools
and techniques from the business decision making context that have been explored in the module
should be used to support the analysis and discussion.

For the purposes of this assignment, students are expected, in addition to the case study, to use
qualitative sources, such as news articles and company websites, to research the topic and to
reference them in their report using the UWE Harvard referencing style.

Where required, students should use figures, tables, and graphics to present relevant information in
a way that minimises word count. All such content must be numbered and accompanied by an
appropriate legend.

The report is typical of those prepared in a business environment, so it must be professionally


presented.

The task of students is to:

 Read the case study and examine the evidence it contains


 Consider how, in the future, Jack Wills can evaluate and decide upon a strategy for success
by applying one or more of the theoretical models used in the Business Strategy Tutorials to
the evidence in the case study. Note that it is essential that students only use the theoretical
models taught in the module study units
 If necessary, students may support their analysis by introducing additional evidence relevant
to the case study
 Students should ensure that they comply with the structure defined for the report (see
below)
 Students should only submit the 1,200-word Business Decision Making Report in MS Word
format

4.2.2 Structure of the Business Decision Making Report

 Title (not included in word count)


 Executive Summary (c. 100 words)
 Contents (not included in word count)
 Figures List (not included in word count)
 Introduction (c. 200 words)
 Analysis and Discussion (c. 600 words)
 Recommendations (c. 200 words)
 Conclusion (c. 100 words)
 References (not included in word count: UWE Harvard referencing style is required;
footnotes and other referencing styles will NOT be accepted)
 Appendices (not included in word count, but expected to only include additional data which
students feel necessary to support their argument elsewhere)

4.2.3 Assessment Criteria

The assessment criteria for the Business Decision Making Report are shown in the table overleaf.

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Assessment criteria

% Descriptor
Assessment criteria/ Organisation, presentation,
Demonstration of research Understanding, analysis, Examination of alternatives
weighting and writing, including
and use of relevant data and argument and quality of conclusions referencing
Grading and recommendations
level (25%) (40%) (25%)
(10%)
Exceptionally thorough and Exceptional analysis and An appropriate alternative Highest standards of
rigorous research. original critical evaluation of decision is thoroughly literacy and professional
Exceptional choices in the relevant issues, and presented. Clear and presentation, following the
which data to use, and how. excellent grasp of their appropriate structure specified in the
PASS Exceptional insight and wider significance. recommendations are brief. Exceptional use of
80+
Exceptional understanding of Exceptionally robust provided. Exceptional external sources.
quantitative and qualitative synthesis of arguments. originality of thought, and a Referencing that conforms
data. Exceptional use of relevant critical approach to develop precisely to UWE Harvard
concepts, tools, and recommendations. requirements.
techniques.
Excellent and rigorous Excellent analysis and An appropriate alternative Excellent standards of
research. Excellent choices evaluation of the relevant decision is very well literacy and professional
in which data to use, and issues, and very good grasp presented. Clear and presentation, following the
how. Excellent insight and of their wider significance. appropriate structure specified in the
PASS understanding of Excellent synthesis of recommendations are brief. Excellent use of
70-79
Excellent quantitative and qualitative arguments. Excellent use of provided. Excellent external sources.
data. relevant concepts, tools, originality of thought, and a Referencing that conforms
and techniques. critical approach to develop precisely to UWE Harvard
recommendations. requirements.

Very good/good and Very good/good analysis An appropriate alternative Very good/good standards
PASS systematic research. Very and evaluation of the decision is well-presented. of literacy and professional
good/good choices in which relevant issues, and good Clear and appropriate presentation, following the
65-69%: data to use, and how. Very grasp of their wider recommendations are structure specified in the
Very good good/good insight and significance. Very provided. Very good/good brief. Very good/good use
60-69
understanding of good/good synthesis of originality of thought to of external sources.
quantitative and qualitative arguments. Very good/good develop recommendations. Referencing that conforms
60-64%: data. use of relevant concepts, well to UWE Harvard
Good tools, and techniques. requirements.

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Demonstration of research Understanding, analysis, Examination of alternatives Organisation, presentation,
and use of relevant data and argument and quality of conclusions and writing, including
and recommendations referencing
(25%) (40%) (25%)
(10%)
Adequate/competent Adequate/competent An appropriate alternative Adequate/competent
research. analysis and evaluation of decision is presented. An standards of literacy and
PASS
Adequate/competent the relevant issues and adequate/competent set of presentation, following the
choices in which data to adequate grasp of their recommendations is structure specified in the
55-59% Competent
use, and how. Basic insight wider significance. provided. Broadly relevant brief. Adequate/ competent
50-59
and understanding of Adequate/competent but little rationale to use of external sources.
quantitative and qualitative synthesis of arguments. develop recommendations. Referencing that conforms
50-54% Adequate
data. Adequate/competent use of largely to UWE Harvard
relevant concepts, tools, requirements.
and techniques.
Weak research. Weak Weak analysis and An appropriate alternative Weak standards of literacy
choices in which data to evaluation of the relevant decision is presented. A and presentation, following
use, and how. Lacking some issues and weak grasp of limited set of the structure specified in
insights and understanding their wider significance. recommendations is the brief. Weak use of
PASS
40-49 of quantitative and Weak synthesis of provided. Broadly relevant external sources.
Weak
qualitative data. arguments. Weak use of but with very little rationale Referencing that conforms
relevant concepts, tools, to develop largely to UWE Harvard
and techniques. recommendations. requirements.

Generally limited and Very weak analysis and An appropriate alternative Poor standards of literacy,
superficial research. Poor evaluation of the relevant decision is absent. presentation, and structure.
choices in which data to issues and limited grasp of Superficial or inappropriate Poor use of external
FAIL use, and how. Poor insights their wider significance. recommendations that are sources. Referencing that
35-39
Poor and understanding of Poor synthesis of poorly supported by the does not conform to UWE
quantitative and qualitative arguments. Very weak use analysis. Harvard requirements.
data. of relevant concepts, tools,
and techniques.
Very little, or no research. Very little, or no analysis An appropriate alternative Very poor standards of
Very little, or no and evaluation of the decision is absent. Little literacy, presentation, and
understanding of relevant issues. Very little, attempt, if any, to present structure. Poor use of
quantitative and qualitative or no grasp of their wider recommendations. external sources.
FAIL data. significance. Very poor Recommendations are Referencing fails to conform
Below 30
Very poor synthesis of arguments, poorly supported, or not to UWE Harvard
often unsupported by supported by the analysis. requirements.
evidence. Very little, or no
use of relevant concepts,
tools, and techniques.

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4.2.4 Submission details

The Business Decision Making Report (1,200-word Word document) will be submitted online
through Blackboard. The deadline for submission will be:

2.00 p.m. on Wednesday 1 May 2024

Please note that the submission deadlines are absolute and based on UWE server time. Students are
strongly advised to submit work well ahead of the deadline dates.

Students are expected to plan their workload to avoid being impacted upon by a minor illness or
other causes, such as technical issues. However, if a student encounters unexpected difficulties, a
48-hour late submission window is available to all students, during which they can submit their
assignment without penalty.

An assignment cannot be submitted after the late submission window has ended. Failure to submit
the assignment within the late submission window will result in a non-submission being recorded.

5. Additional information and reading lists


5.1 Module reading list

The module reading list can be accessed online, through the module’s Blackboard page, or directly
at:

https://uwe.rl.talis.com/lists/7116BF19-5918-16EE-7C61-B2C5B972D341.html

A short video on the Library website will introduce students to some of the key features of the
online reading list system and can be found at:

https://www.uwe.ac.uk/study/library/browse-resources-a-z/reading-lists

5.2 UWE Harvard Referencing

A guide to UWE Harvard Referencing can be found at:

http://www1.uwe.ac.uk/students/studysupport/studyskills/referencing.aspx

5.3 Word count policy

The University’s policy on word count can be found at:

https://www2.uwe.ac.uk/services/Marketing/students/Student%20advice/
Word_count_policy_2012.pdf

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6. Communication
Throughout the module, students will receive regular communication from module leaders, tutors,
and administrative staff by means of Blackboard. It is the responsibility of students to ensure that
they read everything they are sent, and act upon it, where appropriate.

Further information on all aspects of the myUWE portal can be found at:

http://info.uwe.ac.uk/myUWE/guidance/default.asp

7. Advice and support


There is a range of facilities and services that provide advice and support, depending upon the
nature of the issue. Asking for help at the earliest possible stage will help students in the long run.
The first point of contact should always be the student’s Academic Personal Tutor, as they will be
able to signpost students to appropriate services and will be able to deal with specific matters
related to teaching and learning. If students are not able to contact their Academic Personal Tutor
for any reason, they should contact an Information Point, details of which can be found at:

http://www1.uwe.ac.uk/students/informationpoints.aspx

Student Support Advisers are available and can also be contacted through the Information Points.
Information on how they might be able to help can be found at:

http://www1.uwe.ac.uk/students/academicadvice/studentadvisers.aspx

If it makes a student more comfortable to do so, they are always welcome to talk to other members
of UWE staff, including the module team.

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