Outsourcing
Early morning class of Business Strategy was unusually packed. The professor asked the class, "What is outsourcing?"
"Getting someone else to do the work which you can't do in the best way or the work is not lucrative enough to spend your precious time", someone responded in colloquial language.
"I liked this definition, simple yet complete", one of the rare incidents when the professor was happy.
"Now tell me how do you apply outsourcing concept in real life? Tell me at least one thing that you always outsource?", this time the professor pointed at a thin shivering guy, who was walking encyclopedia of the class.
"Decision making", his answer was not as simple as the question.