Efficient home management guides the smooth running of the home - Leaving Cert Home Economics - Question 4 - 2021
Question 4
Efficient home management guides the smooth running of the home.
(a) Explain how good management systems contribute to a well-run home.
(b) Using the management fr... show full transcript
Worked Solution & Example Answer:Efficient home management guides the smooth running of the home - Leaving Cert Home Economics - Question 4 - 2021
Step 1
Explain how good management systems contribute to a well-run home.
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Answer
Good management systems are vital for the smooth running of a home. They help in addressing the needs of the family effectively. These include:
Provision of Basic Needs: Management systems ensure that basic needs like food, shelter, and clothing are prioritized and met.
Role Clarity: Clearly defined roles among family members aid in shared responsibilities, reducing conflicts and misunderstandings.
Effective Planning: Scheduling and planning tasks, such as budgeting and meal preparation, help optimize time and resources.
Communication: Utilizing good communication skills among family members helps to express needs and concerns, preventing stress and improving overall family cohesion.
Crisis Management: Effective management prepares families for unexpected events, fostering adaptability and resilience.
In summary, these management systems enhance efficiency and foster a harmonious living environment.
Step 2
Using the management framework (inputs, throughputs and outputs), outline the strategies to be followed when planning a family holiday to ensure effective management of resources.
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To effectively manage resources during family holiday planning, we can break it down using the management framework:
Inputs:
Demands: Identify family members' preferences, including destination, accommodation, and activities.
Resources: Gather necessary resources like financial budgets, time availability, and travel documents.
Throughputs:
Planning: Collect information on potential locations; consider costs, activities, and accommodations.
Organizing: Assign tasks such as booking flights, accommodations, and creating itineraries.
Implementing: Put the plan into action by making reservations and preparing necessary items for the journey.
Outputs:
Evaluation: After the holiday, assess if goals were achieved, such as satisfaction among family members.
Feedback: Gather input about what worked well and what could be improved for future trips.
Step 3
Evaluate the use of credit as a method of payment for a family holiday.
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Answer
The use of credit for family holiday payments presents both advantages and disadvantages:
Advantages:
Flexibility: Credit allows families to manage the costs of travel, accommodation, and activities over time, making holidays more accessible.
Rewards and Benefits: Some credit cards offer benefits like travel insurance, rewards points, or cashback on expenses.
Emergency Coverage: Using credit can serve as a safety net for unforeseen expenses during a holiday.
Disadvantages:
Debt Risks: Relying on credit can lead to overspending and accumulating debt, which can affect financial stability.
Interest Charges: If not paid off promptly, interest rates can add significant costs to the holiday.
Fees: Some credit cards might charge fees for foreign transactions which can increase overall holiday expenses.
In conclusion, while credit can provide flexibility and rewards, it requires careful planning and management to avoid financial pitfalls.
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