American Heritage University of Southern California

BB-414 Business Decision Making

Introduce the knowledge and tools that today's most successful firms use to build business and consistently outperform the competition through this class. Students will be thought to clearly demonstrate what today's most successful firms already know--how solid management strategy equals ...more

  • Course ID: BB 414
  • Start Date: 01/02/2018
  • Duration: 8 weeks
  • Method of Instruction: Online

Units: 3

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Introduce the knowledge and tools that today's most successful firms use to build business and consistently outperform the competition through this class. Students will be thought to clearly demonstrate what today's most successful firms already know--how solid management strategy equals the decisive actions necessary to create sustainable competitive advantage. Students learn from both successes and failures in this action-oriented book as they examine the impact of business strategy in familiar firms and learn from the mistakes of those who failed to apply the strategic process. 

Aitua Ogiamien Adjunct Faculty

Mr. Aitua Ogiamien has over 15 years of experience in the fields of technology and business. Starting his own business in 2003, he managed a referral-only-based consultation company that assisted s

  • Develop a general understanding of the management science/operations research approach to decision making.
  • Realize that quantitative applications begin with a problem situation.
  • Obtain a brief introduction to quantitative techniques and their frequency of use in practice.
  • Understand that managerial problem situations have both quantitative and qualitative considerations that are important in the decision making process.
  • Obtain an understanding of the role probability information plays in the decision making process.
  • Understand probability as a numerical measure of the likelihood of occurrence.
  • Be able to use the three methods (classical, relative frequency, and subjective) commonly used for assigning probabilities and understand when they should be used.
  • Be able to use the addition law and be able to compute the probabilities of events using conditional probability and the multiplication law.