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Management Decisions
and Control
Lecture 5
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Lecture Objectives
Learning Objectives of the Assignment
The Brief
Framing the Problem
3. Research Literature
Science Literature
Practitioner Literature
4. Using the Databases
What is Available
How to Search
5. Writing the Report
Format
Essential features of a report
Example of a Good Report
Marking Template
Team Member Participation
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Learning Objectives
1. Understand, apply and critique the application of a range of
different decision models used to enable managers to solve
problems, control and evaluate performance within an
organisational context;
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The Brief
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Framing the Problem
“A common problem in the manufacturing industry is the logistics of
supply chain management. More specifically, the integration of all
individual parts of the supply chain and how it influences a firms
pricing strategy”
These must relate to the management of the supply chain, not just
the supply chain itself
This implies a focus on both technical and behavioural issues
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Framing the Problem
Common
Problems
Problem 1
Problem 2
Problem 3
Problem 4
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Identifying Solutions
“provide a range of possible solutions to the problems”
Common
Problems
Problem 1 Solution 1 Solution 2 Solution 3
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The Organisation
Problems
&
Policies & Decisions
Guidelines
Solution 1
Assumption
1 Solution 2
Social Context
Assumption Solution 3
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Standard Costing
Assumption
3 Cost Behaviour
CVP Analysis
Budgeting
Information
Relevant Costing
Pricing Decisions
Control Systems
Performance
Evaluation
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Compare and Contrast Solutions
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Available Literature
“justify your stance with both academic as well as practitioner
based literature references”
Practitioner Literature
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Using Databases
http://www.lib.uts.edu.au
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Writing a Report
Guide to Writing Assignments – page 31
Available online: http://www.business.uts.edu.au/resources/guide.pdf
4. Executive Summary
Objectives
Methods/Data sources
Key findings which led to conclusion
Conclusions; and
Recommendations
Appendices
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Essential Features of a Report
It will display a good understanding of the problem;
It will display evidence of original or creative thought in
dealing with the problem;
It will clearly present information, ideas, recommendations;
It will be concise, with little or no irrelevant material;
It will be as precise and consistent as possible, rather than
vague, ambiguous and contradictory;
It will be based on objective analysis and not on unsubstantiated
subjective judgement;
It will be logically presented so that the reader can see the
reasoning behind decisions, conclusions and recommendations;
It will explain the method of investigation and/or analysis
which has been employed;
It will thoroughly and appropriately address all the
questions/problems posed in the instructions;
It will properly reference all sources of information utilised in
compiling the report;
It will have all tables and figures clearly numbered and 15
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Report Examples
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Other Issues
Marking Template
This is a requirement – it is an individual assessment
You will be given a mark out of five for this!
Some examples
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