The Bathtub Test
During a visit to the mental asylum, a visitor asked the Director how do you determine whether or not a patient should be institutionalized. “Well,” said the Director, “we fill up a bathtub, then we offer a teaspoon, a teacup … Continue reading
Case Studies – Pricing Model
The below case studies is about the change in consumers thought process when alternatives are given which make them think irrationally Case study 1 – Economist Subscription An ad for an Economist subscription gave 3 options 1. Print … Continue reading
Management Lesson – Compete against the situation not the rival
Once upon a time a tortoise and a hare had an argument about who was faster. They decided to settle the argument with a race. They agreed on a route and started off the race. The hare shot ahead and ran briskly … Continue reading
Management lesson – Mind Your Language
There were these 4 guys, a Russian, a German, an American and a French, who found this small genie bottle. When they rubbed the bottle, a genie appears. Thankful that the 4 guys had released him out of the bottle, … Continue reading
Management lesson – Never jump to conclusion without knowing the facts
Never ever jump to conclusion without knowing facts. The amazing video video below explains why…
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