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Saturday, January 3, 2009

Tea cocktail

I just went down for tea at the “Mess”.. yeah mess I mean… ok.. so i had the option of choosing between

  • Panjabi samosa ..don’t get worried whether the “Punjabi” samosa looks any different from the samosa next door… n for heaven’s sake don’t imagine it with a turban!!
  • A confetti of biscuits… with about 6-7 assorted biscuits in a pack.. some salty ones, creamy ones, glucose ones and other ones whose contents I don’t know..

And then offcourse I can choose between tea and milk-water..

If you are interested in Operations research, take a look at my decision tree in the inset.

Ok so trying to minimize costs in terms of kilocals gained, I chose the option of biscuits and tea.

Further, when I opened the packet, I found certain creamy biscuits against my taste bud preferences.. and also possessing high contents of calorie.. then the concept of outsourcing struck me…

I decided to trade my creamy biscuits for lower cost (read calorie) salt biscuits with another friend..

He willingly agreed as the offered resource (read additional calories) was scarce in his territory… this going by the theory of comparative advantage..

I traded two for two.. then when my friend tried to push few more salty ones down me.. I declined.. you might ask why… and so did he..

My answer took us back to the early theories of trade wherein I was (imagine I am a country ) trying to run a positive balance of trade… if I took more biscuits than those I gave.. I would run a deficit. The theory that I am referring to, is called theory of Neo-merchantilism. Note that its not merchantilism as my motive for running the surplus is political.. i.e. to increase my “Sphere of influence”.. (CPJ will love this ;)..) and not economic benefits.

That’s International business for you.

I could have made it a more interesting conversation.. had I read more subjects..

Will try to come up with sequel to this once I do HR (then I can include appraisal and compensation aspects) and SCM.. (logistics.. its everywhere!)..

Please don’t expect Marketing until exam end.. as I will only do it when the exam is.

Cheers.

6 comments:

Sana, a left hander, has a habit of getting stuck over unnecessary details. said...

dont mind spelling mistakes in there.. its just increased influence of frns with bad spellings.. a countereffect of trade..

Sana, a left hander, has a habit of getting stuck over unnecessary details. said...
This comment has been removed by the author.
Sana, a left hander, has a habit of getting stuck over unnecessary details. said...
This comment has been removed by the author.
MaNi said...

I wonder why i found one "keyword" missing : synergy

Sriram Agrawal said...

well lady sana

i wonder who was your target initially

the great 4 course meal of our mess
or the only real professor of simsr:)

whatever it be
it was truly entertaining

Megha Saraf said...

vote u as 'definitely' better than cpj!
i'm still grateful to u for ur synopsis of RBV.. :)