Components of Management (Leaving Cert Home Economics): Flashcards
📚Flashcards
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15 cards from this deck
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Practise the cards
15 cards from this deck
Inputs in family resource mgmt
Inputs in family resource mgmt
Starting materials before mgmt begins: resources & demands available
Demands in family resource mgmt
Demands in family resource mgmt
Needs & wants that family members have
Resources in family resource mgmt
Resources in family resource mgmt
What families can use to meet their demands
Tangible resources examples
Tangible resources examples
Money, savings, property, housing, food, equipment, tools
Intangible resources examples
Intangible resources examples
Time, skills, knowledge, education, relationships
Throughputs in family resource mgmt
Throughputs in family resource mgmt
Active mgmt processes transforming inputs to outcomes
Three throughput processes
Three throughput processes
Planning, organising, implementing
Planning in resource mgmt
Planning in resource mgmt
Setting clear objectives & determining how to achieve them
Organising in resource mgmt
Organising in resource mgmt
Arranging resources & activities in structured, efficient way
Implementing in resource mgmt
Implementing in resource mgmt
Action phase: putting plans into practice
Outputs in family resource mgmt
Outputs in family resource mgmt
Results families achieve through their mgmt efforts
Three types of outputs
Three types of outputs
Goal achievement, family satisfaction, resource optimisation
Cyclical nature of mgmt process
Cyclical nature of mgmt process
Outputs from one cycle become inputs for next (continuous improvement)
Young families' demand priorities
Young families' demand priorities
Childcare, educational expenses, household setup costs
Older families' demand priorities
Older families' demand priorities
Healthcare, retirement planning, downsizing, estate planning