When it comes to socialising with people by partying or eating out, accounting skills come into play. The place chosen depends on the current asset levels of the individual and anticipated expenses to be incurred. Some take into consideration the intangible asset of ‘explosion of taste buds’ and go ahead with the purchase while others get a picture of the mounting liability looming over the horizon and thus choose alternatives that are easier on the pocket. In addition, the people’s preferences also depend on their utility curve (basically a function of how much the mess food decreases their level of satisfaction) and the budget constraint that they face.
Post dinner is when people literally race against time showcasing their abilities to perform well under pressure. There is a flurry of activities, tasks assignments and division of labour with most of the minds whirring at alarming rates all in an effort to submit the assignments due before the clock struck midnight. Every inhabitant intuitively knows (or at least learns at a very young stage) that deadlines are sacrosanct and are not to be messed with.
Finally, after a hard tiring day of work and play, the network externalities come into play which makes people flock to the night mess to satiate their growling stomachs as well as to socialise and build a network. Planet-I is thus an enriched place where the inhabitants religiously apply the management concepts learnt in their daily life!
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