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The chapter discusses the concept of resources and their significance in managing daily activities. Resources are categorized into human and non-human resources, with an emphasis on the need for effective management in achieving goals. Additionally, the management process involving planning, organizing, implementation, controlling, and evaluation is highlighted, showcasing how to efficiently utilize limited resources.
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References
NCERT Study MaterialClass Notes
Memorization
What we have learnt
Final Test
Revision Tests
Term: Resources
Definition: Anything that is utilized to carry out activities and achieve goals.
Term: Human Resources
Definition: Capabilities such as skills, knowledge, and motivation that individuals use to accomplish tasks.
Term: Nonhuman Resources
Definition: Tangible assets like money, materials, and environment that assist in achieving objectives.
Term: Management Process
Definition: A systematic approach involving planning, organizing, implementing, controlling, and evaluating resources.