Thursday, May 7, 2009

Bakwas Bandh Karo [May-07]

Section - B

1. Prof: ** Discussing Fed Ex case, so asks junta to profile the man who does the buying decision in companies **
Student: He is a dumb person !! 
Prof: ** signals for restraint **
Student (now calm): .. blah blah ... blah blah ... we will do this .. we will do that ...
Prof: Who is 'we'? 
Student: 'We' as in the company
Prof: Ok. but you cant refer to yourself as 'we' unless you are royalty
Student (continues) : blah blah ... (after couple of minutes) .. Sir what was your question ? 
Prof: *stumped* Thank you for the entertainment. Lets move on now !

2. Prof: **discussing LTVC**
Student: Sir, would a cigarette company also take into factor the life of the customer that it is shortening while calculating LTVC ?
Prof: **stumped**

3. One of the front-row Students (doesnt matter if it is Him or her) is so used to speaking out of turn that he is now stumped for words when he actually gets his turn ! Caution: Some of your neighbours are beginning to feel a violent streak !

Section D

1. Prof: What do u think is the ratio PPE/Total Assets (Percent of PPE over total assets) for GE ?

Student 1 – 10%

Student 2 – 6%

Student 3 – negative

Prof: * stumped *


2. Professor: (Question)

 Student 1: (Wrong Answer)

 Professor: Student 2 you try the question

 Student 2: (Right Answer)

 Student 1: (Clearly upset) ίδιο πράγμα μόνο [ "Same thing only" in greek] 


3. Prof: ** Explaining customer Lifetime Value (CLV)** : What is the difference between CLV for short term vs Long term retention (referring to figures of $497 & $2000 respectively) ?

Student : Huge [You said that even without using a calculator]


Section G

Student: So 95% of the means will lie in the confidence intervals with 95% chance.

Prof: You stop saying that or you’ll confuse everybody else. 


Section H

1. Student: Sir I have a very relevant and Important Question

Professor: Well, that is for Dheeraj (TA) to decide

 

2. Prof To students: Can you guess how Coke after doing  market sizing does attenuation ?

Student: Yes sir I think I know this from somewhere…

Prof: No you can’t because Coke CEO told me yesterday how they do it and you were not there


One for the Batch (Voice of Junta)

1.       1. During the Coke’s CEO presentation, one particular student was making MCC leadership aspirations too obvious.  [No it was not Atul Singh] Nevertheless good initiaive !

2.      2. During the marketing club presentation one dude did not present a thing but was standing next to all the presenters – I think for moral support of some sort. [If thats your campaign strategy then you'll get only moral support from the junta - no votes]

3.       3. The three organizers who gave the memento to the LBS guy – One was in Shorts , the other one was in a suit and the third one was in a jeans. [Thats diversity for you]