Question: 2. Group the under listed resources under their appropriate classification. (Do it according to the classification done in class). Tabulate your work. (10 marks) 1.
2. Group the under listed resources under their appropriate classification. (Do it according to the classification done in class). Tabulate your work. (10 marks) 1. Minerals 2. Sewage systems 3. Perception 4. Voting rights 5. Laundries 6. Assistance leagues, YMCA 7. Sunlight 8. Terrain 9. Initiative 10. Commissions 11. Charge accounts 12. Adaptability 13. Pace 14. Interest 15. Mortgages 16. Appliances 17. Psychological time 18. Stock & bonds 19. Manners 20. Temperature 21. Vacations 22. Motivations 23. Clock time 24. Communication 25. Taste 26. Child care skills 27. Installment purchases 28. Retirement programs 29. Space 30. Sunlight 31. Animals 32. Friendliness 33. Royalties 34. Possessions 35. Compensation plans b). Environmental Resources i. Physical environmental resources; which include: Natural tangible surroundings For example; Soil, plants, water bodies, vegetation, minerals etc. Less tangible surroundings For example; Air, space, sound, sunlight etc. FAMILY RESOURCES Family resources are assets (anything owned or accessible) that can be used to attain/achieve family goals. Thus, resources provide the means to reach/meet goals. CLASSIFICATION OF RESOURCES Family resources can be classified into two main groups:- 1) Human resources/Intangible resources 2) Material resources/Non-human resources/Tangible resources. 1) Human Resources: Intangible capabilities, traits or qualities endowned in people fom achieving goals. They include:- a. Cognitive attributes: Deal with the mind or brain e.g. Intelligence knowledge, understanding, judgement. Etc. b. Affective attributes: Feelings towards situations or people. example Interests, attitudes, friendliness, motivation, sense of humour. c. Psychomotor attributes: Deal with muscular movements or action. Use of the limbs, usually combines with cognitive attributes. example; Skills, work habits, manners, the sense of smell, touch, taste, feel, hearing. d. Temporal resources: Deal with time. Example: Clock time, psychological time (time sense) past, present and future time. 2. Material Resources These are the tangible possessions that individuals and families have that are used to meet goals. Material resources include:- Economic resource 2. Material Resources These are the tangible possessions that individuals and families have that are used to meet goals. Material resources include:- Economic resources such as:- (1) Money income: - (Physical cash), wages, salaries, interests on savings, dividents. (ii) Elastic income:- Credit cash loans, mortgages, installment purchases. (iii) Fringe benefits: - Employment benefits (not in monetary terms) eg. insurance policies, pensions, medical expenses, travel benefits. (iv) Wealth: - Ownership of Property. Example (land, houses) possessions, (cars, jewelery, furnishings). b). Environmental Resources i. Physical environmental resources; which include: Natural tangible surroundings For example; Soil, plants, water bodies, vegetation, minerals etc. Less tangible surroundings For example; Air, space, sound, sunlight etc. c). Social environmental resources; which include: Social Organizations: - for example; Friends, families social consclubsreligious b). Environmental Resources 1. Physical environmental resources ; which include: Natural tangible surroundings For example; Soil, plants, water bodies, vegetation, minerals etc. Less tangible surroundings For example; Air, space, sound, sunlight etc. c). Social environmental resources; which include: Social Organizations: - for example; Friends, families, social groups/clubs, religious groups, societies etc. Economic institutions: for example; Banks, businesses, insurance companies, all financial institutions. Political institutions: - for example; Governments, laws, policies security organizations, chieftaincies. Community facilities: - These are publicly owned but are used by individuals or families, for example; Schools, libraries, markets, health centers/hospitals, community centers etc. Resources vary in quality and quantity among individuals and families. For effective achievement of family goals a combination of both human and material resources should be used. CHARACTERISTICS OF RESOURCES For effective manager ognize some