Decision-making is at the heart of managerial activities and involves choosing between alternative courses of action. As decisions implicate the deployment of entrepreneurial resources, they should be made wisely. This course covers the topic of decision-making in an international context. Each unit will focus on a particular aspect relevant for successful decision-making in the international business arena, including theoretical foundations of decision-making, decision-making methods, information collection and evaluation as well as scientific methods for investigating decision-making (e.g. experiments).

Upon completion of this course, students will be able to:

• Demonstrate an understanding of decision-making theories, decision-methods and decision-making experiments,
• Gather, evaluate and select information necessary for making informed decisions and
  
• Apply their knowledge on decision-making to real-life decision situations.
  

The final grade will be composed by individual class participation (30%), two group assignments (20% and 40%, respectively) and a peer-rating (10%). Absences from class reduce overall class participation and therefore negatively impact the individual final grade.