Managing Under Uncertainty GSBS 6001 Exam Briefing Trimester

Managing Under Uncertainty - GSBS 6001 Exam Briefing Trimester 1 2019

Exam Instructions • Examination Duration: 48 Hours Based on local From: 11. 59 pm on Friday 3 May Singapore dates To: 11. 59 pm on Sunday 5 May and timings ! • Instructions: Upload your completed examination to Turn. Itin with an assessment cover sheet. • Value: The examination is worth 30% of total course marks. • Word count : 1, 000 words (Min); 2, 000 words (Max); 1, 500 to 2, 000 words range is fine.

Pre-amble Ø Focus on the decision making issues and not the medical or other terminologies in the case study. Ø The decision making issues in the case study can be analysed without paying much attention to graphs/tables and appendices/exhibits. Ø Students interested in figures can interpret the tables/graphs/exhibits/appendices and use the interpretation to support their analysis.

Exam Case study – 48 Hours Take Home Provide an analysis of the attached case study a. Identified decision making issues/problems. (20%) b. The cause and effect of the identified problems. (30%) c. A decision on the root cause(s) of the identified problems. d. Recommended solutions to the identified decision-making issues/problems. e. Presentation (30%) (20%)

CRITERIA Marks FAIL PASS Introduction 6 Parts missing or Description of at Background and context clearly (20%) description only of least the decision identified. Introduction with one part. Decision, and level of clear identification of the level of analysis or analysis may be decision, level of analysis and key issue(s) not missing some key issue(s) clearly identified issue(s) CREDIT DISTINCTION HIGH DISTINCTION Includes background Background, context and introduction and context as well and all of with mostly clear as introduction with introduction clearly identification of clear identification of identified and decision, level of strongly linked to analysis and key analysis and provide compelling issue(s) justification of key story issue(s) Critical analysis and evaluation 9 Superficial Some issues List of issues Issue by issue (30%) identification of identified, limited identified with effectively identified Application of relevant decision issues, lacking application of examples and explained using -making and other theories to effective theories, some mostly linked to relevant decisioncase decision-making processes application of examples and relevant theories, making theories and and contingencies. theories, poor use superficial cause reasonably accurate examples from case, Use of case examples to of examples from and effect analysis and relevant depth of strong cause and illustrate theoretical discussion case and analysis of understanding in effect analysis linked Cause and effect analysis. insufficient cause relationship analysis of cause and to overarching and effect analysis between cause and effect framework effect Solutions/recommendations 9 None or only some Solutions and Solutions related to Solutions addressing Relevant and realistic solutions (30%) descriptive or actions at least most issues in the all issues are to address identified issues. superficial actions partly realistic and analysis are relevant, realistic and relevant and Theoretical support for or theories relevant to case and realistic and well supported by realistic, theoretical suggestions. identified but not issues, limited reasonably well theoretical justification well integrated theoretical supported with justification integrated and support theory accurate Presentation 6 Poor presentation, Basic Reasonable Very good Excellent Professional presentation: (20%) lacking structure presentation, some presentation, logical presentation, strong written expression, use of and clarity, poor weak structure structural structure, consistent structural grammar and correct spelling grammar and with, inconsistent integration, some and correct use of integration and flow, and logical structure spelling, lack of use of grammar inconsistencies with grammar, correct excellent written Referencing of sources (in- text logical structure, and spelling, effort grammar, spelling and language, correct and reference list) using APA lacking or to reference but and referencing but referencing incorrect with many errors mostly correct referencing

a. Identified decision making issues/problems. (20%) • • Status Quo Vs Changes (and risks) Changes – new ventures/markets First mover – advantages and risks List the alternatives/options available

b. The cause and effect of the identified problems. (30%) • Can’t afford to stay the same – declining profitability margin (say) • The need/impetus driving growth – a growing pie • The issue of stagnation – overtaken by competitors • Timing - seize the unique opportunity or lose it forever

c. A decision on the root cause(s) of the identified problems. d. Recommended solutions to the identified decision-making issues/problems. (30%) Decisions via a summary table Summary Comparison Table Alternative 1 Alternative 2 Benefits Drawbacks Provide brief discussion on the table Propose an alternative (or a combination of alternatives ? ) Recommendations – What to do next • Reallocation of organization resources • An opportunity/alternative selected implies one or more of other opportunities to be given up • Recommend a cautious managed implementation of the proposed alternative