TOPIC: RESOURCES IN FAMILY BUSINESS - february 3, 2026
TOPIC: RESOURCES IN FAMILY BUSINESS Key Concepts 1. RESOURCES Definition: A resource is anything that can help a family to work, organize themselves, or solve a problem. 2. Human Resources Definition: Human resources are the people who contribute their time, effort, knowledge, and skills to help solve a need or perform a job. Examples to explain in class: A mom that cook in the kitchen A dad that fix things A grandmother who knows sew Children who help, clean, or take care of others 3. Material resources Definition: Material resources are the physical objects that can be seen, touched, and used to perform a job or activity. Examples to say : Tables Utensils Tools Notebooks Packaging Stoves 4. Household Resources Definition: Household resources are the spaces, objects, and skills that already exist in the home and that can help a family meet a need. Examples nearby : The kitchen The dining room T...
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