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State the purpose of family resource management - Leaving Cert Home Economics - Question 9 - 2015

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Question 9

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State the purpose of family resource management. List the three components of management. (i) (ii) (iii)

Worked Solution & Example Answer:State the purpose of family resource management - Leaving Cert Home Economics - Question 9 - 2015

Step 1

State the purpose of family resource management.

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Answer

The purpose of family resource management is to efficiently use available resources to achieve various goals. This includes improving the quality of family life, ensuring that all family members can reach their full potential, and managing resources effectively to meet the needs of the family.

Step 2

List the three components of management.

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Answer

The three components of management are:

(i) Inputs
(ii) Throughputs
(iii) Outputs

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