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HME4221 Exam 1 Study GuideChapter 1 – Management TodayWhat is family resource management?- Choice: the act of selecting among alternativeso When we choose, we rely on what we have or what we can most easily access- Risk: possibility or perception of harm, suffering, danger, or loss- A basic principle in management is that “where there is risk, there is opportunity”.- Stephen Covey (Seven Habits of Highly Effective People) – “Our basic nature is to act, and not be acted upon. As well as enabling us to choose our response to particular circumstances, this empowers us to create circumstances.”- Daniel Gilbert (Stumbling on Happiness) – money doesn’t make people happy, but rather what they do with that money; experiences more so than goods (ex: travel instead of new car)- Worldwide trend: populations become increasingly urban and mobileo Average US age is 36.4 years and rising- Management: the process of using resources to achieve goalso Includes both thought (knowledge management) and actiono Considered an applied social science- Management process: involves thinking, action, and results1. Identify problem2. Clarify values3. Identify resources4. Decide, plan, and implement5. Accomplish goals and evaluate6. Feedback - Problems (1): questions, dilemmas, or situations that require solving,- Needs (1): what we need to survive or sustain life- Wants (1): things that we desire, but are not necessary for survival- Goals (1): end results that require action for their fulfillment- Values (2): principles that guide behavior- Clarification (2): to make clear/easier to understand, to elaborate- Resources (3): whatever is available to be used; ex: info, time, skills, energy, money- Standards (3): the quantitative/qualitative criteria that reconcile resources with demands; may have to be adjusted during management process (dynamic)- Decision making (4): choosing between two or more alternatives- Planning (4): requires making a series of decisions that lead to action; gives focus and direction to the pursuit of wants/needs/goals- Implementing (4): putting plans in action- Management tools: measuring devices, techniques, or instruments that are used to arrive at decisions and plans of action- Factors influencing management style:o Historyo Biology dictates basic physiological needso Culture provides a systematic way to fulfill needso Personalityo Technology applies methods and materials to the achievement of objective- Maslow’s hierarchy of needso Physiological needs (food, water) must be met before higher-order needs (safety, love)o Self-actualization: fulfillment of one’s highest potential- Lifestyle: the characteristic way, or pattern, in which an individual conducts his/her life- Interdisciplinary influences on study of resource management: anthropology, psychology, sociology, economics- Life Management: all the decisions a person/family will make and the way values, goals, and resource use affect decision making- Self-monitor: to assess or alter actions, language, and reactions according to those around them- Second Half of Life: by age 50, even more women than are reporting turbulent midlife transition- People having generally begun to delay marriage and childbirth to a later age than 50 years ago- “Aging in place” refers to the phenomenon of people staying where they were brought up or spent their working years- Cohabitation contributes to the rising number of nonfamily households- Lamanna and Riedmann – the family involves relationships in which people usually related by ancestry, marriage, or adoption:o Form an economic unit and care for any youngo Consider their identity to be significantly attached to the groupo Commit to maintaining that group over time- Family: as defined by Census Bureau, refers to a group of two or more persons related by birth, marriage, or adoption and residing together in a householdPhysiological needsSafetyBelongingnessand loveEsteemSelf-actualization- Householder: person in whose name the house is owned or rented- Number of single adults in US is growing, and households and families have fewer people on averageChapter 2 – Management History and Theories- Benjamin Franklin – “Time is money”- First textbook to mention management in the title was “First Principles of Household Management and Cookery” (Maria Parloa, 1879)- Ellen H. Richards – American chemist, founder of home economics movement, credited with forming the bridge between scientific analysis and household management through guiding discussions at Lake Placid Conferences- Lillian Gilbreth and Christine Frederick – toured US and Europe spreading word about new scientific methods of efficient home management and household production- Frederick Taylor – father of scientific management, famous for time and motion studies, proposed principles to maximize production efficiency- Work simplification: improved work methods applied to the home- Carole Vickers - four principal eras of family/home management:1. (1900-1930s): Health, sanitation, hygiene and the importance of household production as a legitimate form of economic production2. (1940s-early 1950’s): Household equipment, efficiency, step saving, task simplification, and standardized work units3. (1950’s-1960’s): family values, goals, optimization of families, gradual swing aways from work performance in the home4. (1970’s-1980’s): development of a systems framework emphasizing the interconnections among family, home, and the greater society- Theory: an organized system of ideas or beliefs that can be measured; a system of assumptions or principles- Hypothesis: prediction about future occurrences- Controlling: the things people do to check their course of action- Systems theory: emphasizes not only interconnectedness but also interactions among different systems; focuses on the behavior of feedback and its complexity; “the whole is better than the sum of its parts”- System: and integrated set of parts that function together for some end purpose or result- Interface: the place or point where independent systems or diverse groups interact- Boundaries: the limits or borders between systems- Morphogenic systems: adaptive to change and are relatively open- Morphostatic systems: resistant to change, stable, and relatively closed- Subsystem: a part of a larger system- Inputs: whatever is brought into a system- Throughput: the processing of inputs- Transformation: transition from one system to another-


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FSU HME 4221 - Exam 1 Study Guide

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