haya.Learning made clear
Unit II · Resources in management and decision making
6 min readConcept sheetOften a 5- or 10-mark answer

Resources: definition, characteristics and classification

Resources are the means available to reach goals. They are limited, useful and interchangeable, and are classed as human or non-human.

DefinitionMeans available to help reach goals
Human resourcesTime, energy, knowledge, skills, attitudes
Non-human resourcesMoney, material goods, community facilities
Key characteristicAll resources are limited

What a resource is

Resources are the means a person or family uses to reach goals. Anything that can satisfy a want is a resource, but only when the family knows about it and can use it: a free public library nearby is no resource to a family that does not know it exists. Resources are the raw material of management, and management decides how they are combined and used.

Characteristics of resources

  • Limited: no family has unlimited time, money or energy, so choices must be made.
  • Useful (have utility): a resource has value only when it helps meet a want or goal.
  • Interchangeable (can be substituted): one resource can replace another, e.g. money spent on a mixer-grinder saves time and energy.
  • Interrelated: using one resource affects others; cooking uses time, energy, fuel, food and skill together.
  • Manageable: resources can be planned, combined and conserved to give better results.
  • Vary in accessibility: some are within easy reach, others are not, e.g. a ration shop next door versus a distant hospital.
  • Can be developed: human resources such as skills and knowledge grow with use and training.

Classification of resources

ClassResourceExample at home
HumanTimeThe same 24 hours a day for every person
HumanKnowledgeKnowing which foods are rich in iron
HumanSkills and abilitiesCooking, tailoring, budgeting, driving
HumanInterests and attitudesA cheerful attitude makes housework lighter
HumanEnergyThe physical and mental energy of each member
Non-humanMoneySalary, rent received, interest
Non-humanMaterial goodsHouse, furniture, appliances, jewellery
Non-humanCommunity facilitiesSchools, parks, libraries, government hospitals, ration shops, public transport

Other ways to classify resources

Individual and sharedIndividual resources belong to one person (her skill, her savings). Shared resources are used by many: the family TV, a community park, a public library.
Natural and man-madeNatural: air, water, sunlight, land. Man-made: buildings, appliances, roads.
Economic and non-economicEconomic resources are scarce and have a price (money, goods). Non-economic resources are free and plentiful (sunlight, air).

Gross, Crandall and Knoll list time, with energy, as a human resource; some other texts list it as non-human. Either is accepted if you explain it.

In food service and dietetics

A diet plan must fit the family's resources. Knowledge of low-cost nutrient-rich foods (ragi, groundnuts, green leafy vegetables), skill in cooking them, and community facilities such as ration shops, anganwadis and the school noon-meal scheme stretch a small food budget.

Exam angle

2 marks: “Define resources.” Resources are the means available to a person or family to reach goals, e.g. time, money, energy and skills.

5 marks: “Explain the characteristics of resources.” Explain five or six (limited, useful, interchangeable, interrelated, manageable, varying accessibility) with one home example each.

10 marks: “Define resources. Classify them and explain their characteristics.” Define, draw a classification chart (human and non-human with sub-types), add other classifications, then explain each characteristic with an example.

Remember it

Human resources are T-E-K-S-A: time, energy, knowledge, skills, attitudes. Non-human resources are money, material goods and community facilities.