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Exam (elaborations)
FMST 201 Exam 2 Chapter 6,7,8,9 Questions & Answers
FMST 201 Exam 2 Chapter 6,7,8,9 Questions & Answers 
 
 
Chapter 6 - ANSWERSIdentification of Family Resources 
 
Resources - ANSWERSHamilton (1992): anything that people use or might use to achieve an end. Recognizes utility/use of resources 
 
Resource Availability - ANSWERSPeople use resources to meet physical and psychological needs 
 
Nothing becomes a resource unless there is a use for it or someone determines that it has value 
 
Resources: anything used to achieve an end and have : 
 
Ut...
Exam (elaborations)
FMST 201 Final Exam Questions & Answers
PopularFMST 201 Final Exam Questions & Answers 
 
 
S.E.S. 
-What does it stand for? 
-What are the three SES's - ANSWERSSocioeconomic status 
High class, Middle class, Lower class 
 
D.I.N.K. - ANSWERSDual income, no kids 
 
Net Worth - ANSWERSAssets minus liabilities 
 
Percentage of adults who are obese - ANSWERS35.7% 
 
Medicare vs. Medicaid - ANSWERSMedicare- federal health insurance program for people who are 65 or older 
Medicaid- Federal/state health insurance program for low-income and need...
Exam (elaborations)
FMST 201 Final Exam Questions with 100% Correct Answers
FMST 201 Final Exam Questions with 100% Correct Answers 
 
 
#1 What are the 3 key concepts for family resource? - ANSWERSInterdependency ⇨ Dynamic Environment ⇨ Effort to Meet Basic Needs 
 
#1 What are the 3 characteristics of resource management for families? - ANSWERS(1) Individual & group needs 
(2) Clarification & communication of the needs 
(3) Resources must be identified & secured 
 
#1 What are some factors the influence identification of resources? - ANSWERSCulture, Availability...
Exam (elaborations)
FMST 201 final exam questions & answers
FMST 201 final exam questions & answers 
 
 
What is leadership? - ANSWERSsets the future direction for an organization 
 
What characteristics does a leader have? What makes someone a good leader? - ANSWERSsets examples, conformity, constructive criticism, role model 
 
Define and give an example of foundational skills - ANSWERSnecessary for all other leadership skills 
 Self-awareness: reflect on own behavior; rapport building; clarify expectations of others 
 
leadership direction skills - AN...
Exam (elaborations)
FMST 201 Exam 1 Questions & Answers
FMST 201 Exam 1 Questions & Answers 
 
 
Family Resource Management - ANSWERSUnderstanding of the decisions individuals and families make about developing and allocating resources including time, money, material assets, energy, friends, neighbors, and space to meet needs/goals 
-multidisciplinary perspectives 
 
How do families use management? - ANSWERS- Business management, efficiency and effectiveness 
- focuses on emotional, intangibles 
 
How do families use resources? - ANSWERSIdentificatio...
Exam (elaborations)
Fmst 201 Final Exam Questions & Answers
FMST 201 FINAL EXAM QUESTIONS & ANSWERS 
 
 
Implementation - ANSWERSthe process of putting a decision or plan into effect 
 
Successful plan management requires 4 things: - ANSWERSStrategy 
Delegation 
Accountability 
Motivation 
 
Positive psychology and emotional intelligence provide support for 3 groups of strategies: - ANSWERS1) Affect regulation 
2) Interpersonal 
3) Problem solving/ task management 
 
Affect regulation - ANSWERSemotional reactions experienced by family members 
 
Interper...
Exam (elaborations)
Fmst 201 Exam 1 Questions With 100% Correct!!
Fmst 201 Exam 1 Questions With 100% Correct!!