Please see the file named MGMT2000 Assessment 2 description_50% pdf for guidance. Marking rubric...

Question

Please see the file named MGMT2000 Assessment 2 description_50% pdf for guidance. Marking rubric also attached. All week lectures and related files will be attached as well.Page 1 out of 2 MGMT 20000: Critical Thinking and Managerial Decision Making  Assessment 2: Written Assessment- Reflective Essay  This assessment item accounts for 50% of your final grade for this unit and must be  completed by students individually.  Due: The assessment is due at 5.00 PM 16th. September 2018 AEST.  Task: The essay must be 2000 words (+/-10%) in length.  Cover page: The essay must include a cover page that contains your name, student number,  resident campus, assessment title, and lecturer.  Format: Text should be word-processed, with appropriate layout and use of headings/sub-  headings. Times New Roman, 12 size font and line spacing (1.5).  Referencing: A minimum of 10 academic references are required. The list of references  should form the last page or two, at the end of the assessment. Referencing should be in a  consistent APA style.  Please save and upload your file in either a Word format (.doc or .docx) or pdf. Format via  the assessment link on Moodle.  Textbook: Think Smarter: Critical Thinking to Improve Problem-Solving and Decision-Making  Skills (2014)  Authors: Michael Kallet  John Wiley & Sons, Incorporated  ISBN: Binding: Paperback  Task Description: The objectives of this reflective essay are for students to   (1) Summarize, critically review and reinforce key concepts and theories learned from week 1  to week 9 of this unit.      6 THEORIES (choose 6 of those theories) (I have chosen possible 6 of  them as BOLD, but it is not final, you might have change it!) Page 2 out of 2 1-9 week theories: 1. Disc profile (week5, lecture 5)   (official source: 1. Disc profile workshop ppt file(attached) 2. Disc profile example pdf file(attached)  3. Other resources such as https://www.discprofile.com/what-is-disc/overview/ )  2. Critical thinking (week1 lecture1-2)  (official source: 1. Critical thinking and decision Seminar 1-2 presentation (attached) 2. “A meta- analysis on critical thinking and community college student achievement” article which we  have finished in the assessment 1 named as “A meta-analysis on critical thinking and  community college student achievement”. (This was an example article how critical  thinking skill differentiate between international students and local students.) (attached)  3. Other resources, related to critical thinking, you can use)  3. Automatic thinking (week1 lecture 1-2)  (official source: 1. Critical thinking and decision Seminar 1-2 presentation (attached)  Automatic thinking vs Critical thinking   Automatic thinking:                                 Critical thinking: Decisions  Conclusions  Clarity Clarity  Conclusions  Decisions  https://www.discprofile.com/what-is-disc/overview/ Page 3 out of 2 4. EQ Emotional Intelligence (lecture 4)  5. Psychological contracts (see lecture 8)  Beliefs based upon promises expressed or implied, regarding an exchange  agreement between an individual and, in organizations, the employing firm and  its agents. Six features:  1. Voluntary choice;  2. Belief in mutual agreement;  3. Incompleteness;  4. Multiple contract makers;  5. Managing losses when contract fail;  6. The contract as model of the employment contract  6. Prospect theory (see lecture 8)  • Focuses on:  – How people make probabilistic decisions not optimal probabilistic  decisions.  – Understanding bias and level of risk averseness.   – The ways in which consumers and others not always rational.   – Attempts to understand the people’s cognitive biases/frames.   7.Johari window (lecture 4)  8. Anchoring  9.Clarity  10.Deductive/inductive thinking (lecture 3)  11.Self awareness (lecture 4)   12.F &S thinking  13.impossible thinking (lecture 5)   (2) Reflect on these concepts/theories’ potential impact on students’ decision making, and  how these learnings are being applied and could be applied in their current jobs, development  of future career and/or their life generally.   (3) Reflect on new insights gained about oneself as a result of learning the unit, and propose a  plan for self-development.   Minimum number of concepts/theories/themes required to pass: 6  Students ought to start the reflective essay in week 4 after the submission of their first  Page 4 out of 2 assignment. From week 4 to week 9 (a total of 6 weeks), students are expected to reflect on  the topics (week 1-week 9) this unit has covered and evaluate which concepts or theories  have inspired their thinking or influenced their decision making. This assignment still  requires an essay format with introduction section outlining the scope, purpose and  structure information. The body paragraphs need to contain at least six themes over the  course of six weeks, and each theme needs to contain:      A Convincing and Personal Justification of why these concepts/theories are chosen  (IMPORTANT)  1. How the mentioned concepts/the 6 theories have changed/might change the students’  thinking or the students’ decisions. For example, students could identify the concepts  of “automatic versus critical thinking” as a theme for one week’s reflection, and  illustrate with personal examples how having learned about the differences has  enabled him/her to be more effective in making a certain decision at work.   2. Close to the end, the essay needs to reflect on self-knowledge and highlight  implications for future self-development.    To successfully complete this assessment task, students should answer the  following reflective essay questions (IMPORTANT)    1. Which concepts/theories from which week’s learning activities are significant  or important to you?  My answer: EQ (week 4)  2. Why are these concepts/theories you have identified important or significant  to you? (Theoretical review)  Need to answer as theoretical review.  3. How are the concepts/theories (which I have chosen 6 theories) you have learned  influencing/impacting your decision-making in relation to your current  interpersonal relationships, professional workplaces and/or personal life?  (Practical Application)  Need to create.   4. What have you learned about yourself through the unit activities? What skills  do you possess and what skills are you lacking? How are you going to improve  your decision-making in the future? (Self-knowledge and self-development)  Need to create  5. You should tie all your arguments/insights together at the end of your paper,  Page 5 out of 2 highlighting how you think you will be able to use your learning in your  future career and in life generally.  Related information to this question in case you may need: My past career  related to Project manager. I am 38 years old and 10 years’ experience in  different industry (banking industry- e products- internet banking, sms  banking, e billing …etc., automobile selling, loyalty card center, call center) .  My future career will be related project manager too, I am planning to work  at especially large projects in my country. (it is just additional information, if  you use or mention some)    Assessment 2: Written Assessment- Reflective Essay Marking Rubrics   Section/Criteria 40% Fail (

Tp Academic · Accepted Answer

Running Head: CRITICAL THINKING AND MANAGERIAL DECISION MAKING
7
CRITICAL THINKING AND MANAGERIAL DECISION MAKING
CRITICAL THINKING AND MANAGERIAL DECISION MAKING
Student Name:
Student Number:
									Resident Campus:
Lecturer:
Introduction
Critical thinking and decision making are two interrelated processes. Both the aspects are two major parts of problem solving. The basic concept of critical thinking reflects the process of collecting information and analysing them. Critical thinking enables the individuals to choose among numerous options before arriving at the final decision. This study aims to shed light on the different theories associated with the concept of critical thinking, decision making and problem solving process. The study also discusses the importance of the theories and their impact on the critical thinking and decision making process. With the help of this study, students will be able to increase their level of understanding about the topic. 
From the lectures of six weeks, there are total six theories, which are important to me and will help me to think critically and solve problems with the help of decision making process. The theories are Disc Profile Theory from week 5, Critical Thinking Theory from week 1, EQ Emotional Intelligence Theory from week 4, Johari Window theory from week 4, Deductive vs. Inductive Theory from week 3 and Self-Awareness Theory from week 4. All these theories are very important and have positive impact on the critical thinking process. In accordance to Goetsch & Davis (2014), critical thinking majorly involves 5 steps such as identifying the problem, find the solution of the problem, creation of action plan for evaluating the solution, taking the necessary steps for implementing the action plan and to reach to the solution and finally reviewing the complete process for assuring that the action plan has been implemented as per the requirement of the problem. All the theories chosen here are able to meet the requirements of the critical thinking process. Therefore, it is beneficial to focus on the theories chosen and evaluate the complete task accordingly. However, on the contrary to Hislop, Bosua & Helms (2018), critical thinking is not as simple as it appears to be. The key concept of critical thinking relies on four elements or factors and those are logic, truth, context and alternatives. Among these four elements, logic is as mentioned by Beach & Lipshitz (2017) is the connector between the cause and the effect of any problem. Some problems are difficult to evaluate and then the assessors need the ability to logically predict the cause of the problem and develop the solution accordingly. On the other hand, the assessors need to gather all the unbiased information or the truth associated with the problem in order solves it efficiently. Therefore, it can be said that critical thinking helps to sort the biases out and lead to an unbiased decision (Kaner, 2014). Context is the situation that is responsible for the occurrence of the problem. The assessors need to consider the context of the problem and accordingly develop the solutions. Last but not the least, the assessors need to develop a number of solutions to the problem, they have identified and then the best alternatives among all will be selected by them. All the features of critical thinking process is fulfilled by the theories. Thus the theories are helpful and best suitable for the study. On the other hand, the theories are capable of providing the individuals with the chances of making questions, which is another major part of critical thinking process. In reference to Bolman & Deal (2017), critical questioning is essential to evaluate the problem and develop the best alternative solution among all. Questions are able to solve the biases, involve the stakeholders and takes open suggestions from them. Several features that should be incorporated while making the critical questions are allowed by the theories. Therefore, the chosen theories are appropriate and important for the individuals to understand critical thinking. 
I have worked as a project manager and will continue my future career as a project manager. Apart from having experience in project management, I have worked in several other industries such as banking, internet banking, e billing, SMS banking, e products, call centre and automobile selling. All the works require critical thinking and decision making for solving different problems. For satisfying and meeting my needs, I have chosen six different theories, which are helpful for critical thinking and problem solving. DiSC Profile Theory enables the individuals to choose a common language and interpret the problem in that particular language (Luthans & Doh, 2018). The theory also helps to analyse oneself and evaluate the lifestyle and manage all the problems by own self. In the context of project management, we need to work as a team and the relation between the team members must be healthy for better selling of the products.

Page 1 out of 2 MGMT 20000: Critical Thinking and Managerial Decision Making Assessment 2: Written Assessment- Reflective Essay This assessment item accounts for 50% of your final grade for this unit...

Answer To: Page 1 out of 2 MGMT 20000: Critical Thinking and Managerial Decision Making Assessment 2: Written...

Answer To This Question Is Available To Download

Related Questions & Answers

Submit New Assignment