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.   Evaluate home much money and time you have.
B.   Clarify Values
C.   Identity problem, need, want, or goal.
D.   Identify Resources
Question #2
The desire to want to feel safe is a want not a need.
A.   False
B.   True
Question #3
Los Angeles is such a big city everyone needs to have a car.
A.   False
B.   True
Question #4
Which of the most difficult part of solving a problem?
A.   Identifying the root issue/problem.
B.   Having the money to fix it.
C.   Deciding what path to follow to solve the problem.
D.   Making sure the solution fits your values.
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.   Internet
B.   Safety
C.   Esteem
D.   Self-Actualization
Question #8
All the following are true about values, except?
A.   The values we adopt are influence by our family, friends, media, and the socialization process.
B.   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.
C.   Our values don't shape our perception of situations and influence our decisions.
D.   Values are deeply held psychological constructs that direct our behaviors.
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.   History
B.   Parenting 
C.   Culture
D.   Biology

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