Section 1: Topic, Research Questions, Aim, and Objectives
| Question 1: In the box below, highlight your Title and Research Question (20 Marks) | |
| TITLE: Exploring the Effectiveness of Decision Trees, SWOT Analysis, and Scenario Planning in Managerial Decision-making
RESEARCH QUESTION: 1. How does the use of decision trees impact the effectiveness of managerial decision-making? 2. How do a SWOT analysis and scenario planning compare effectiveness in managerial decision-making?
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| Question 2: Break the research question into the main AIM (1) and 3/4 Objectives (20 Marks) | |
| AIM: | |
| This study aims to explore and compare the effectiveness of decision trees, SWOT analysis, and scenario planning in managerial decision-making. | |
| Objectives | |
| 1
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To investigate decision trees’ ability to improve managerial decisions’ accuracy. |
| 2 | To examine the extent to which decision trees can aid managers in identifying potential risks and opportunities. |
| 3 | To evaluate the effectiveness of SWOT analysis in identifying and analyzing internal and external factors affecting a decision. |
| 4 | To assess the usefulness of scenario planning in providing managers with a range of possible outcomes and responses to future events. |
Question 3: Based on the discussions in the previous workshops, highlight below the justification of your topic and why you think it will make a good MBA Dissertation. (24 Marks)
Section 2: Literature Review
Based on the research done so far, answer the questions below: