1 What is Family Resource Management? Flashcards

1
Q

how individuals and families decide, plan, and act in order to progress, to fulfill their needs, and accomplish goals in an increasingly complex, technological society.

A

The Study of Family Resource Management

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2
Q

an understanding of the decisions individuals and families make about developing and allocating resources including time, money, material assets, energy, friends, neighbors, and space , to meet their goals.

A

Family Resource Management

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3
Q

The act of selecting among alternatives.

A

Choice

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4
Q

is the possibility of harm, suffering, danger, of loss.

A

Risk

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5
Q

“where there is risk, there is opportunity”

is an example of…

A

A basic principle in management

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6
Q

is not so easily defined, but most would agree that it is the degree of happiness with which on judges the overall quality of his or her life as favorable

A

Happiness

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7
Q

The process of using resources to acheive goals.

A

Management

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8
Q

Is the process of using what one has to get what one wants.

A

Management

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9
Q

arrogance
previous failed attempts
lack of commitment, drive, and awareness
Lack of empathy, support, energy, or enthusiasm

A

challenges faced when trying to initiate knowledge management

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10
Q

The feeling that there is nothing new to learn

A

Arrogance

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11
Q

why try again?

A

Previous failed attempts

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12
Q

why should I?

A

Lack of commitment, drive, and awareness

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13
Q

Who cares?

A

Lack of empathy, support, energy, or enthusiasm

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14
Q

Involves thinking, action, and results.

A

Management Process

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15
Q

Is considered an applied social science.

A

Management

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16
Q

Personal drive behind or actions.

A

Internal forces

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17
Q

Includes the ups and downs of the economy, the condition of the environment, and the rules and laws of society.

A

External Forces

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18
Q

Questions, dilemmas, or situations that require solving, such as “should I buy or rent a home.”

A

Problems

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19
Q

What we need to survive or sustain life, such as did and shelter.

A

Needs

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20
Q

Things that we desire, such as an expensive sports car, but that are not necessary for us to survive.

A

Wants

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21
Q

Are end results that require action for their fulfillment.

A

Goals

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22
Q

Principles that guide behavior, such as honesty or loyalty.

A

Values

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23
Q

Means to make clear, to make easier to understand, or to elaborate.

A

Clarification

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24
Q

Whatever is available to be used.

Ex. Information, time, skills, human & mechanical energy, internet access, and money.

A

Resources

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25
Q

Quantitative and/or qualitative criteria that reconcile resources with demands.

A

Standards

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26
Q

Refers to choosing between two or more alternatives.

A

Decision Making

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27
Q

Requires making a series of decisions that lead to action.

A

Planning

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28
Q

Print plans into action.

A

Implementing

29
Q

What’s the problem?
What was learned?
Which decision or plans worked and which ones failed?
What adjustments should have been make?

A

Answering these questions provide Feedback

30
Q

Enables the individual’s overall management knowledge and ability to grow.

A

Feedback

31
Q

Refers to everything outside the individual.

A

Environment

32
Q

Are measuring devices, techniques, or instruments that are used to arrive at decisions and plans of action.
Ex. clocks, lists, forms, calendars, budgets, and timetables.

A

Management Tools

33
Q

Step one in the Management Process…

A

Identify problem, need, want, or goal

34
Q

Step two in the Management Process…

A

Clarify Values

35
Q

Step three in the Management Process…

A

Decide, plan, and implement

36
Q

Step five in the Management Process…

A

Accomplish goals and evaluate

37
Q

Step six in the Management Process…

A

Feedback

38
Q
1- problem, need, want, or goal
2- clarify values
3- identify Resources
4- decide, plan, and implement
5- accomplish goals and evaluate
6- feedback
A

Steps to the Management Process

39
Q

Way is the answer to “Why manage?”

A

Is that that people have no other choice.

40
Q

The answer toWho manages?”

A

Everyone does

41
Q

Characteristic way of making decisions and acting.

A

Management Style

42
Q

History, biology, culture, personality, and technology

A

Five factors that influence management style

43
Q

Influences the way a person makes decisions and the options he of she considers.

A

History

44
Q

Dictates basic physiological needs as did, shelter, air, and water.

A

Biology

45
Q

Problems a systematic way to fulfill needs.

A

Culture

46
Q

Is there still total of individual characteristics, enduring traits, and ways of interacting.

A

Personality

47
Q

Applies methods and materials to the acheivement of objectives.
Ex. Laws, tools, techniques, processes.

A

Technology

48
Q
1- self-actualization
2- esteem
3- belongingness and love
4- safety
5- physiological needs
A

Maslow’s Hierarchy of Needs

49
Q

Is fulfillment of one’s highest potential.

A

Self-actualization

50
Q

How does technology differ, from other influences on management (ie. History, culture, and personality)?

A

It’s usually visible, technological advances are easily observed and measured.

51
Q

Is the science of human beings.

A

Anthropology

52
Q

The characteristic way, or pattern, in which an individual conducts her or his life.

A

Lifestyle

53
Q

Mind science, focuses on how the individual thinks and behaves.

A

Psychology

54
Q

Is the study on individual’s behavior within a group; it examines attitudes, problem solving, social influences, leaders and followers, and communication.

A

Social Pyschology

55
Q

Explains the nature of human intelligence and how people think.

A

Cognitive Psychology

56
Q

Emphasizes the collective behavior of social groups, including organizations and communities.
Companion/associate science

A

Sociology

57
Q

The social science concerned with the production, development, and management of material wealth that different levels: households, businesses, of nations.

A

Economics

58
Q

Anthropology, psychology, sociology, economics

A

Interdisciplinary influences on the Study of Resource Management

59
Q

encompasses all the decisions a person of family will make and the way values, goals and resource use affect decision making.

A

Life Management

60
Q

assess or alter their actions, language, and reactions according to those around them.

A

Self-monitor

61
Q

Comprises all persons who occupy a “housing unit”

A

Household

62
Q

is defined as those who live alone or with nonrelatives.

A

Nonfamily Households

63
Q

contributes to the rising number of nonfamily households .

A

Cohabitation

64
Q

relationships in which people usually related by ancestry, marriage, or adoption.

A

Family

65
Q

1 form an economic unit and care for any young
2 consider their identity to be significantly attached to the group
3 commit to maintaining that group over time

A

Family Member

66
Q

refers to a group of two or more persons related by birth, marriage, or adoption and residing together in a household.

A

Family

67
Q

Current joint ownership of a home, rental/lease agreement, joint bank account or credit cards, ownership/holding of investments, utility bill with both names, obligation on a current loan,

A

acceptable forms of verification for Red Cross

68
Q

is the person (or one of the persons) in whose name the home is owned or rented.

A

Householder