[SOLVED] mgt425 – Management

by | Jan 13, 2023 | Management

College of Administrative and Financial Sciences

Assignment-1

MGT425-Spreadsheet Decision Modeling

Deadline: End of Week 6 @ 23:59 (10/01/2023)

Course Name:
Spreadsheet Decision Modeling

Student’s Name:

Course Code: MGT425

Student’s ID Number:

Semester: 2

CRN:

Academic Year: Second Term- 2022-2023 (1444 H)

For Instructor’s Use only

Instructor’s Name:

Students’ Grade: Marks Obtained/Out of 15

Level of Marks: High/Middle/Low

Instructions – PLEASE READ THEM CAREFULLY

· The Assignment must be submitted on Blackboard (
WORD format only) via allocated folder.

· Assignments submitted through email will not be accepted.
· Students are advised to make their work clear and well presented; marks may be reduced for poor presentation. This includes filling your information on the cover page.
· Students must mention question number clearly in their answer.
·
Late submission will NOT be accepted.

· Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
· All answered must be typed using
Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).

· Submissions
without this cover page will NOT be accepted.

Course Learning Outcomes-Covered

Aligned (PLOs)

Course Learning Outcomes (CLOs)

Question

MGT.K.1
(1.1)

Find some structured ways of dealing with complex managerial decision problems.

Question- 2.

MGT.K.3
(1.2)

Explain simple decision models and management science ideas that provide powerful and (often surprising) qualitative insight about large spectrum of managerial problems.

Question- 1

MGT.S.1
(2.1)

Demonstrate the tools for deciding when and which decision models to use for specific problems.

Question-3, 4

MGT.V.1
(3.1)

Build an understanding of the kind of problems that is tackled using Spreadsheet Modeling and decision analysis.

Question-5

Assignment Instructions:

·
Log in to Saudi Digital Library (SDL) via University’s website

·
On first page of SDL, choose “English Databases”

·
From the list find and click on EBSCO database.

·
In the Search Bar of EBSCO find the following article:

Title
: Towards “Cognitively Complex” Problem Solving: Six Models of Public Service Reforms (Case Study).

Author
: Willy McCourt

Assignment Questions: (Marks 15)

Read the above case study and answer the following Questions

:

Question 1: What do you understand by the Cognitively Complex Problem-Solving method used in this case study/ (250-300 words) (3-Marks).

Question 2: Discuss the six mThis paper is provided by the author in a post-publication version (under review with a journal at time of writing) which includes

a new argument about the cognitive value of a range of models as an aid to reform problem-solving. The original version was

published as McCourt, W. (2013) Models of public service reform: A problem-solving approach, Washington DC: World Bank,

Policy Research Working Paper No. 6428. http://documents.worldbank.org/curated/en/2013/04/17649169/models-public-service-

reform-problem-solving-approach

TOWARDS ‘COGNITIVELY COMPLEX’ PROBLEM-SOLVING:

SIX MODELS OF PUBLIC SERVICE REFORM

Willy McCourt

Abstract: This paper proposes ‘cognitively complex problem-solving’ as a refinement of the recent problem-

solving approach to public service reform, and as an addition to existing political and institutional explanations

for the frequent failure of reform. In order to substantiate the new problem-solving model, it identifies and

selectively reviews six models of reform that have been practiced in developing countries over the past half-

century: public administration; decentralization; pay and employment reform; New Public Management;

integrity and corruption reforms; and “bottom-up” reforms.

1. Introduction: Facing Up to Failure

When Apollo declared through his Oracle at Delphi that no one was wiser than Socrates, what the god

was trying to get across (at least according to Socrates himself, who declined to take the compliment at

face value) was that ‘The wisest of you men is he who has realised, like Socrates, that in respect of

wisdom he is really worthless’ (Plato, 1969: 52). To say that what we know about public service reform

is ‘worthless’ would be an exaggeration. But a confession of our relative ignorance may still be the

beginning of wisdom. It will be fruitful if it helps us to frame the problem that faces us in a way that

stimulates readers to propose approaches that stand a better chance of success than the ones we have been

following up to now. That is what this paper tries to do.

2. Evidence and Explanations: Politics and institutions

2.1 Evidence

The most robust evidence that we have of reform outcomes is in the form of World Bank project

evaluation reports. The Bank’s Independent Evaluation Group (IEG) found that that only 33% of the

public service reform projects completed between 1980 and 1997 had been rated as satisfactory (IEG,

1999). When IEG revisited the topic nine years later, public sector reform was rated joint eighth among

the Bank’s twelve project sectors in terms of project success, and its success rate had declined over the

previous five years more sharply than all but one of the other eleven sectors (IEG, 2008: xiii and 83).

Reviewing overlapping evidence just before the first IEG evaluation, Nunberg (1997) found that the

success rate was lower than for Bank projects as a whole.

We should keep these negative fin



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