Unfortunately, we all live in a world of constraints. There aren’t many people who can make an expensive purchase without foregoing something else, or take on a new project without taking time away from an existing one. Usually, these are fixed-sum constraints; we only have so much discretionary income per month, and so many hours in a day.
Sometimes the options, or the things from which we’re choosing, are related. For example, you can’t get a new car with premium speakers unless you also order the deluxe entertainment package, or get a keyless ignition without keyless entry.
General Note: To earn maximum credit, you should post to the module discussion board in the first week of each module. There’s no reason not to, because the discussions are non-technical. Each topic is intended to get us thinking about the type of management problem discussed in each module. The topics don’t require any research, or any prior knowledge of management; they’re based upon our own, mundane experiences.