CSM Test 1 Questions and Answers
(Limited Edition) Correct Solutions 2026-
2027
Doherty points out that a major reason that it may be difficult
to define the family is: - Correct Answers ✅environmental
changes taking place
Family resource management includes all of the following
concepts EXCEPT - Correct Answers ✅an understanding of
the world monetary exchange system
Resource identification to meet family needs is guided by all
of the following EXCEPT - Correct Answers ✅Ambiguity
What is the difference between identifying resources and
decision making for families as opposed to buisnesses -
Correct Answers ✅the complexity of the family
One of the differences between family resource management
and business management is a focus on - Correct Answers
✅emotion
The decision-making model proposed by Janis that involves
searching for alternatives, assessing consequences,
estimating risk, and selection of action that maximizes
objectives is - Correct Answers ✅the Rational Model
, CSM Test 1 Questions and Answers
(Limited Edition) Correct Solutions 2026-
2027
The decision-making model developed by Pfeffer that is
based on rules, procedures and processes and is appropriate
only for low risk decision is - Correct Answers ✅the
Bureaucratic Model
The decision-making model that is based on the power of
individuals within the group is - Correct Answers ✅the
Political Model
The decision-making model that gives the family the most
flexible framework for a variety of situations is - Correct
Answers ✅the 5-step Decision Making Model
Influences such as history, culture and environment that
come from the outside to change the behavior of the family
are known as - Correct Answers ✅contextual influences
An example of an historical influence on the family could be -
Correct Answers ✅the Depression
Joan grew up in a family with few resources and now tends to
be very conservative. Her husband's family enjoyed a
lifestyle where they were able to afford to live in luxury. the
experiences of the two partners illustrate what type of
contextual influences on their behavior today? - Correct
Answers ✅Culture
(Limited Edition) Correct Solutions 2026-
2027
Doherty points out that a major reason that it may be difficult
to define the family is: - Correct Answers ✅environmental
changes taking place
Family resource management includes all of the following
concepts EXCEPT - Correct Answers ✅an understanding of
the world monetary exchange system
Resource identification to meet family needs is guided by all
of the following EXCEPT - Correct Answers ✅Ambiguity
What is the difference between identifying resources and
decision making for families as opposed to buisnesses -
Correct Answers ✅the complexity of the family
One of the differences between family resource management
and business management is a focus on - Correct Answers
✅emotion
The decision-making model proposed by Janis that involves
searching for alternatives, assessing consequences,
estimating risk, and selection of action that maximizes
objectives is - Correct Answers ✅the Rational Model
, CSM Test 1 Questions and Answers
(Limited Edition) Correct Solutions 2026-
2027
The decision-making model developed by Pfeffer that is
based on rules, procedures and processes and is appropriate
only for low risk decision is - Correct Answers ✅the
Bureaucratic Model
The decision-making model that is based on the power of
individuals within the group is - Correct Answers ✅the
Political Model
The decision-making model that gives the family the most
flexible framework for a variety of situations is - Correct
Answers ✅the 5-step Decision Making Model
Influences such as history, culture and environment that
come from the outside to change the behavior of the family
are known as - Correct Answers ✅contextual influences
An example of an historical influence on the family could be -
Correct Answers ✅the Depression
Joan grew up in a family with few resources and now tends to
be very conservative. Her husband's family enjoyed a
lifestyle where they were able to afford to live in luxury. the
experiences of the two partners illustrate what type of
contextual influences on their behavior today? - Correct
Answers ✅Culture
