Step 1: Understanding the Concept:
Home management is a field of study focused on how families utilize resources to achieve their goals.
Several home economists have formulated distinct definitions of home management that emphasize planning, values, and decision-making.
Step 2: Detailed Explanation:
The quote, "The concept of management may be said to be a planned activity towards the accomplishment of desired ends. It involves the weighing of values and making of decisions," is a classic definition of home management.
This definition was formulated by Paulena Nickell and Jean Muir Dorsey in their influential textbook, *Management in Family Living*.
Their framework views family resource management as a dynamic process driven by values, where decisions are made to achieve family goals.
Gross and Crandall defined home management as using family resources to reach goals through a three-step process of planning, controlling, and evaluating.
Mary Parker Follett was an early pioneer in industrial management, famous for defining management as "the art of getting things done through people."
Step 3: Final Answer:
This specific definition of home management was formulated by the home economists Paulena Nickell and Jean Muir Dorsey.