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Management may be defined as planning for and implementing the use of resources to meet demands - Leaving Cert Home Economics - Question 4 - 2013
Question 4
Management may be defined as planning for and implementing the use of resources to meet demands. (a) Discuss four factors that can influence the management of famil... show full transcript
Worked Solution & Example Answer:Management may be defined as planning for and implementing the use of resources to meet demands - Leaving Cert Home Economics - Question 4 - 2013
Step 1
Discuss four factors that can influence the management of family resources.
Answer
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Composition of Family: The family structure impacts resources management. Families with children, single parents, or extended family dynamics have different needs and priorities based on their unique compositions.
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Stages in Life Cycle: As families transition through different life stages, their priorities shift. For instance, families with young children focus on education and childcare, while empty nesters may prioritize retirement planning.
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Socio-economic Status: Families with varying socio-economic backgrounds affect how resources are utilized. Wealthier families may prioritize certain services or products differently than lower-income families due to financial constraints and societal norms.
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Values and Standards: Personal beliefs and values heavily influence decisions on resource management. Families with strong religious or cultural values may prioritize spending in ways that align with those beliefs.
Step 2
You have been elected as chairperson of your school's graduation committee. Using the management framework (inputs, throughputs and outputs), set out the plan for the event.
Answer
Inputs:
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Demands: Understand the goals for the graduation ceremony such as ceremony style, number of attendees, and budget constraints.
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Resources: Identify human resources (committee members), material resources (decorations, seating), and environmental considerations (venue setup).
Throughputs:
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Planning: Gather information regarding venue options, potential speakers, and entertainment. Consider logistics for the event.
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Organizing: Assign tasks to committee members based on strengths, decide on timelines, and develop a checklist for necessary items.
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Implementing: Execute the plan by securing a venue, booking services, and ensuring all members are aware of their responsibilities. Adjust plans as necessary leading up to the event.
Outputs:
- Evaluation: After the event, assess whether goals were met, gather feedback from attendees, and evaluate the efficiency of resource use and organization.
Step 3
Give an account of the importance of decision making in family resource management.
Answer
Decision making is crucial in family resource management as it involves several key aspects:
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Information Sharing: Decisions often require the sharing of information, which facilitates communication and task allocation among family members.
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Task Allocation: Effective decision making allows families to efficiently distribute responsibilities, ensuring that everyone contributes to resource management in an organized manner.
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Conflict Resolution: Decision making helps navigate conflicts arising from differing opinions, fostering a collaborative environment where solutions are reached amicably.
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Continuous Improvement: Through reflective decision-making processes, families can assess past decisions, leading to improvements and better resource management in the future.