Chapter 6 Flashcards
When does something become a resource?
when someone determines it has value/when someone has a use for it
What is a transferability resource
the quality of being exchangeable
What is a interchangeability resource
resources that can be exchanged or substituted as a means to gain assets
What is a manageability resource
something that is capable of being managed or controlled
What does behavior consist of/include
observable ways that someone does things that contribute to accomplishing a task, including ethics, values and beliefs
Benefits employers must provide
must contribute to their workers’ social security, medicare and unemployment insurance funds
Difference between resource allocation problems and common problem solving
different because the decisions are often multilayered
Definition of utility
the quality or condition of being useful
Deutsch’s principle of quality
distributive justice: to determine how resources are distributed and to guide the use of resources
Foa’s resource theory components
love, status, information, money, goods, service
