Description:
The purpose of the SLP Business DecisionMaking is to support a young manager in recognizing and applying decision-making methodologies using the available 4IR principles applicable to a work environment. The module will introduce the student to key decision making models including a decision tree, a payoff matrix, a ratio analysis, a breakeven analysis, as economic order quantity model and various Artificial Intelligence models. The module is focused on improving a business situation where an expected level of performance is not being achieved.
Admission Requirements:
A National Senior Certificate (NSC) with certificate endorsement is required for admission.