Explain how Southwest Airlines used the game theory approach to increase its profits. What is the outcome of the game involving early-bird check-in? Identify what is the passengers’ dominant strategy.
September 4, 2018
Discuss how historical context and sociopolitical issues have informed or influenced that person’s racial/ethnic cultural development.
September 4, 2018

How can outsourcing be helpful in your personal life? What outsourcing do you do in your personal life? How do you manage the results of personal outsourcing?

 PLEASE NUMBER EACH QUESTION

Question 1

How can outsourcing be helpful in your personal life? What outsourcing do you do in your personal life? How do you manage the results of personal outsourcing?

PLEASE EXPLAIN WHY YOU AGREE WITH MY CLASSMATE RESPONSE TO THE ABOVE QUESTIONS? (A MINIMUM OF 100 WORDS)

CLASSMATE’S RESPONSE

Outsourcing can be very helpful in your personal life. It can free up time, that for most is already scarce to do other things. Currently in my personal life I use outsourcing for cooking, laundry and yard work. When I do not feel like cooking, I will go to a meal prep company and have my meals prepped for the week. The sane with laundry, sometimes it becomes too much, so I send them to a wash and fold company. In this Texas heat, I refuse to do yard work, and to stay compliant with HOA rules, I have someone come and do it for me. Cost is one major factor that drives people when deciding to outsource, but there are advantages that in my personal opinion override the cost factor. Outsourcing frees up my time and is less stressful.

Question 2

Identify a skill or knowledge that you learned in this course, and explain how you can apply it to increase success in your career in a real-world scenario.

PLEASE EXPLAIN WHY YOU AGREE WITH MY CLASSMATE RESPONSE TO THE ABOVE QUESTIONS? (A MINIMUM OF 100 WORDS)

CLASSMATE’S RESPONSE

The lesson in Unit IV about the ERP systems really stuck with me, and I think that this knowledge will be applicable to my own personal success in personal life and business/career in a real world scenario, because it talked about a specific skill that business owners need to weigh out. When I get to the point that I will have employees and different departments, I will have to decide on many things, and ERP system means that I can rely on it to integrate data and make the work flow smoothly through the different departments. I would like to think that touching up on this knowledge will help me when I get to that point of growth in my own business.

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