Scope And Significnce Of Management

Lesson 01 : Introduction To Family Resource Management

Scope And Significance Of Management

During the present state of turmoil in the country, many political, social, economic, technological and other changes are taking place and the families have no other go except to cop up with the pressure of imbalanced economy and social life. Human needs and desires change through time, research progress and development, new technologies created etc. In this process man gains more knowledge and controller over the natural and technological environment. To meet the modern time demands, there is a need for the members of the family to think and the make decision at each and every step. Hence here comes the role of management in the families.

Let us now imagine what could have happened if you had not done or managed what you had planned to do, as listed earlier? Yes, you could have faced some of the following problems:

  • You could have reached the station late.
  • Without a proper ticket, you may have had to cancel your journey.
  • You could have missed packing your food or drinking water.
  • You may have found your grandparent’s house locked when you reached there.

You will now agree that management is an important tool even to make a simple job like making your trip a success. Similarly, many other situations in our life also need management. We can therefore say that management plays a significant role in our day-to-day life. Management helps you to:

  • reach your goals,
  • achieve what you want,
  • utilize your resources properly,
  • make your life more systematic,
  • avoid wastage of resources,
  • increase efficiency in work situations,
  • achieve a better standard of life.
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Last modified: Saturday, 24 March 2012, 8:58 AM