Chapter 6 Flashcards
Living phenomenon
expanding and contracting on response to human effort and behavior
Resource
a stock or supply of money, materials, staff, and other assets that can be drawn on by a person or organization in order to function effectively.
Characteristics of a resource
Utility, accessibility, manageability, interchangeability, and transferability
Types of resources
Status, information, goods, services, and love
Human Resources
People as resources
Cognitive or Mental resources are the most common of Human Resources
Components of human capital
Ability, behavior, effort, and time
Economic resources
Gained by acquisition and inheritance
Human resources for employees are the largest expense for any organization
Living wage
basic wage that is used to describe a wage rate that would allow wage earners to provide for their families above poverty level
Benefits account for 30% of labor costs in US
Envoirnmental resources
Resources in the physical environment provided by nature
Renewable vs. non renewable resources are those that are available to limited quantity
Population and inadequate environmental policies contribute to endangered environmental resources
Coal and fossil fuels are non-renewable
Social resources: inside the family
Caring
Meeting family needs
Communication and relationship skills
Carrying on family tradition and history
Social Resources: outside the family
Work
Community
Religious institutions
Society
resources that are collectively owned
Collective socialization
Positive:
Lowers depression
Improves parent/child relationship
Acceptance of others
Negative:
Increase dropout rates
Increase in substance use/abuse
Groups become closed or self serving
Social resources continued
Millennials: between 1980s and 1990s
Millennial impact report
Role of gen z: volunteerism is based on advancing skill in work place
Measure of resources
Culture, equity, and environment
Resourcefulness
the ability to identify and use resources to meet needs effectively.
