Prof. LR:- What is the progress of your Software Project Management Team Assignment? Arbit Choudhury:- We are in the process of identifying resource bandwidth for formulating a timeboxed delivery approach. Later, outside class.. Perplex Singh:- What was the meaning of that? Arbit Choudhury:- I am still trying to find team members to start the assignment.

Prof LR:- Inventory always has a carrying cost; so a manager always tries to minimize inventory. Arbit Choudhury:- Sir, I know of an entity whose inventory we should maximize rather than minimize. Prof. LR – And what is that? Arbit Choudhury Money.. Because it has a negative inventory carrying cost. One gets interest for storing money. From – Paresh Masade, Manager, Business Development, Coherendz

Antique Jain, with a very sad face :- You know what ! Prof. Rangareddy has announced 3 extra lectures to cover 3 topics, that are not even in the syllabus. %$#@. Arbit Choudhury, with a mischeivious smile:- Do worry man! Consider it a Value Added Service!!

Pareto Principle of Exam Questions – 80% of syllabus is studied in last 20% time before exams, and 80% of exam paper is based on what is studied in 20% of time.

Prof. Lingampalli Rangareddy:- Arpit ! Give me a live example of Michael Porter’s Positioning Concept. Arbit Choudhury:- Since, your sample selection method selects more backbenchers for answering your questions, I applied the positioning concept and moved to the very first row.

Prof. Lingampalli Rangareddy:- Frederick Herzberg’s theory on job motivation states that – hygiene factors are those that can cause dissatisfaction if missing, but do not necessarily motivate if increased. Arpit, can you give an example? Arbit Choudhury:- Girlfriends !!

MBA irony no. 49- The statistics test results did not follow a bell curve. Most students failed.

Murphy’s Law of MBA Education:- The Toughest Course is always taken by the Strictest Prof.

MBA Irony No. 13- Arbit saying- I was caught cheating in the Business Ethics exam.

Antique Jain: Our Marketing syllabus is completed before time, so the next 4 sessions are free.. Antique Jain continues:.. but Prof. Rangareddy will take these sessions as his syllabus is lagging behind.. Arbit – That’s what I call Fringe Benefit Tax ..