FCS 320 - Family Resource Management » Spring 2022 » Quiz 1 Chapter 1

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Question #1
All the following are steps in the management process model except?
A.   Identity problem, need, want, or goal.
B.   Identify Resources
C.   Evaluate home much money and time you have.
D.   Clarify Values
Question #2
The desire to want to feel safe is a want not a need.
A.   True
B.   False
Question #3
Los Angeles is such a big city everyone needs to have a car.
A.   True
B.   False
Question #4
Which of the most difficult part of solving a problem?
A.   Having the money to fix it.
B.   Deciding what path to follow to solve the problem.
C.   Making sure the solution fits your values.
D.   Identifying the root issue/problem.
Question #5
Needs based decision making occurs when a persons makes a decision based on fulfilling their needs.
A.   True
B.   False
Question #6
Value based decisions making occurs when a persons makes a decision based upon their values.
A.   False
B.   True
Question #7
All the following are types of needs as described by Maslow's Hierarchy of Needs, except?
A.   Safety
B.   Self-Actualization
C.   Internet
D.   Esteem
Question #8
All the following are true about values, except?
A.   Research shows that most of us don’t experience an significant emotional experience strong enough to alter the values we formed by the age of 9.
B.   Values are deeply held psychological constructs that direct our behaviors.
C.   Our values don't shape our perception of situations and influence our decisions.
D.   The values we adopt are influence by our family, friends, media, and the socialization process.
Question #9
Successful people base their decisions on making sure they have their needs met.
A.   True
B.   False
Question #10
All the following influence a person's management style, except?
A.   Parenting 
B.   Culture
C.   Biology
D.   History

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