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Jdeez

In: Business and Management

Submitted By pyrochyde
Words 326
Pages 2
CAFF 321
Test #1 Study Guide
Don’t study societal expectations families, and Maslow’s hierarchy of needs.

Ch.1 The Management Process (Using what one has, to get what one wants) * Practical, but not easy due to limited resources * Affected by resource availability

Changes Occurring in Families and Households around the World * By 2050, 75% of worlds families will live in cities * Nations such as Japan, the US, and Western Europe are developing problems due to rising age limit, increasing pressure on families

Management as a Process (Process of using resources to achieve goals) * Challenges * Arrogance * Previous failed attempts * Lack of drive awareness * Lack of support, empathy, energy

Circumstances Affecting Family Resource Management * Increasing complexity of life * Less physically demanding, but more cognitively demanding * More opportunities for decision making * Family stability/instability * Changes in family composition * Level of living * Roles of members * Patterns of interaction with the larger society and social systems * Technology (positives and negatives)

Payoffs of Management * Management has a high payoff when: * The situation changes * Demands are great * Resources are very limited

Influence on Management Styles * History – How decisions are made * Biology – Meeting basic physiological needs * Culture – Systematic methods * Personality – Individual characteristics * Technology – Tools, Law, Material objects that help people get what they want

Who manages? * Everyone * Managed – Planned * Unmanaged – Impulsive

The Management Process * Step 1 * Identify the problem (Situations, questions, or dilemmas) * Identify a need

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