Data Evaluation for Decision Making (100 Points), management homework help
Successful, fact-based managerial decision-making depends, in part,on identifying sources of relevant information that are suitable foranalysis. However, even with the most suitable information, bias cancompromise your decision-making process.For this assignment, you will assume the role of a manager anddiscuss how you would apply the CRAP Test, or other respectedevaluation technique(s) you will cite, to determine the suitability ofdata from your IT system for use in making a key decision. In the eventyou have not had such an experience, assume the role of abig-ticket-item purchaser evaluating Open Data and other public datasources to make your purchase decision.Then consider how you would use the team you manage to assist you ineliminating bias from that key decision. In the event you are evaluatinga big-ticket-item purchase, consider how you would use friends,including those from social media, to help you eliminate decision-makingbias.Develop a well-written and well-organized paper that includes the following elements:Describe the key decision you must make and the kind of information you would need to perform your evaluation.Discuss how you determined whether the information at hand fordecision-making was sufficient, in both quality and quantity. Whichtests did you apply and what were the results?Discuss the biases present in your decision-making process. How didyour colleagues, subordinates, or friends participate in yourbias-elimination quest and what were the results?Discuss the outcome of the evaluation and indicate the decision that you made.You may write in the first person for this assignment, takingthe perspective of a manager. Your paper should meet the followingrequirements:Be 3-4 pages in lengthCite at least two academic sources from the CSU-Global Library databasesBe formatted according to the CSU-Global Guide to Writing and APA Requirements
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