DBA-714: Managerial Decision Making & Business Policy

Credits 3

This course helps students make good decisions about strategic business issues involving ambiguity and uncertainty. Students will understand how to structure the decision-making process using quantitative techniques such as decision trees and simulation as well as qualitative techniques such as estimating probabilities. An effective manager needs to frame the problem appropriately, prioritize objectives, generate meaningful alternatives, estimate probabilities, and know how to gain support within the organization.