FCOS 104:Introduction to Family Resource Management

Fundamental knowledge in Family Resource Management and overview of the family, its types, stages of the family life cycle and managerial functions of families; Meaning, scope and significance of management and its application in the home; Analogies between management in the home and management in other establishments;  Introduction to basic concepts such as values, goals, standards, needs and wants; Identification of family resources, classification, characteristics and the role resources play in management.