Chapter 3 Flashcards
1
Q
What is management
A
Management is an ongoing process, that involves matching needs and resources in a continual basis.
2
Q
Managing a family unit, requires, ______ and ____
A
flexibility and reso
3
Q
What are the three principles of good management (Beetons)
A
- set an example and provide clear guidance for staff
- Contoll finances of the family carefully.
- Strive for order and method in all management activities.
4
Q
What are the four key manageorial concepts( Fayol)
A
plan
organize
lead
control
5
Q
Who is Ellen Richards
A
Was admitted to MIT, special student of chemistry
Contributed to the
