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Family Resource Management
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Family Resource Management

Third Edition
Companion Website


October 2017 | 408 pages | SAGE Publications, Inc

Conversational in style and rich in application and discussion, Family Resource Management shows students how to apply knowledge and theory to the study of how families manage their resources for both survival and fulfillment. Multiple perspectives are used to broaden the base of understanding in a contemporary environment. The book unlocks the complexity of family decision making, enabling students to grasp both the concepts and the underlying explanations of family behavior. A strong theory base and the organization of material within the decision-making process framework facilitate understanding and retention. The Third Edition has been enhanced through surveys of educational professionals and extensive research of contemporary challenges emerging post 2008 recession and the 2016 election.

 

 
Preface: Structure, Understanding, and Application
Family Resource Management Is Flexible and User-Friendly  
Understanding Family Diversity  
Real-World Examples  
Case Application Opportunity  
 
Acknowledgments
 
UNIT I. THE STUDY OF FAMILY RESOURCE MANAGEMENT
 
CHAPTER 1. The Complexity of Managing Family Resources
Objectives  
What Is a Family?  
How Do Families Use Resources?  
Managing Families  
The Decision-Making Process  
Contextual Influences in Family Resource Management  
Multidisciplinary Perspectives  
Summary  
Questions for Review and Discussion  
 
CHAPTER 2. Understanding Families
Objectives  
History of the Family  
The Family Today  
Defining the Family  
Changes in the Family  
Family Functions  
Families Within Cultural Contexts  
Researching the Family  
Family Research Design  
Summary  
Questions for Review and Discussion  
 
CHAPTER 3. The Management Process
Objectives  
Management as a Field of Study  
The Evolution of Home and Business Management: The 20th Century  
The Interface of Business Management and Family Resource Management in the Context of the Family  
The Foundation of Family Resource Management  
Specific Applications of Management to the Family Unit  
Summary  
Questions for Review and Discussion  
 
UNIT II. DISCOVERING FAMILY NEEDS
 
CHAPTER 4. Categorization of Needs
Objectives  
Needs and Wants  
Changing Perceptions of Needs  
Needs Assessment  
Individual Needs Versus Societal Needs  
Summary  
Questions for Review and Discussion  
 
CHAPTER 5. Values, Attitudes, and Behaviors: Understanding Family Choices
Objectives  
Values  
Attitudes  
Behaviors  
Values, Attitudes, and Behaviors in the Decision-Making Framework  
Values and Behaviors in Family Purchasing Decisions  
Impact of Culture on Values, Attitudes, and Behaviors  
Impact of Socioeconomic Factors on Values, Attitudes, and Behaviors  
Consistency Over Time and Situation  
Summary  
Questions for Review and Discussion  
 
UNIT III. UNDERSTANDING RESOURCES
 
CHAPTER 6. Identification of Family Resources
Objectives  
Resource Availability  
Resource Theory  
Human Resources  
Economic Resources  
Environmental Resources  
Social Resources  
Measurement of Resources  
Resource Allocation and Use  
Summary  
Questions for Review and Discussion  
 
CHAPTER 7. Families Within the Economic Environment
Objectives  
Beginnings of Consumerism  
Economic Principles  
Families in the Economy  
Summary  
Questions for Review and Discussion  
 
CHAPTER 8. The Impact of Society on Family Decisions
Objectives  
Individuals and the Tax System  
Government-Supported Assistance Programs  
Privately Funded Programs  
Compulsory Education  
Supply and Demand: An Application in Education  
Summary  
Questions for Review and Discussion  
 
UNIT IV. MAKING CHOICES
 
CHAPTER 9. Managing the Future
Objectives  
Goals, Objectives, and Standards  
The Planning Process  
Family Financial Planning  
Creating the Financial Plan  
Emergency Action Plans  
How Plans Emerge  
Summary  
Questions for Review and Discussion  
 
CHAPTER 10. Communication Within the Decision-Making Process
Objectives  
Communication Theory  
Communication and Information Technology  
Application to Family Decision Making  
Summary  
Questions for Review and Discussion  
 
CHAPTER 11. The Individual Within Family Decision Making
Objectives  
Group Dynamics  
Groupthink  
Leadership  
Summary  
Questions for Review and Discussion  
 
UNIT V. IMPLEMENTING AND EVALUATING DECISIONS
 
CHAPTER 12. Making It Happen
Objectives  
Implementation  
Estate Planning  
Family Business Succession  
Risk Management  
Completion and Reflection  
Summary  
Questions for Review and Discussion  
 
CHAPTER 13. Defining Success
Objectives  
Societal Responsibility  
Family Responsibility  
Individual Responsibility  
Summary  
Questions for Review and Discussion  
 
CHAPTER 14. Current and Future Challenges
Objectives  
Technology  
Family Structure  
Natural Resources  
Changing Demographics  
Summary  
Questions for Review and Discussion  
 
Case Family Information
 
Glossary
 
Web Resources
 
References
 
Index
 
About the Authors

Supplements

Instructor's resources

study.sagepub.com/moore3e

Password-protected Instructor Resources include the following:

  • A Microsoft® Word® test bank is available containing multiple choice, true/false, short answer, for each chapter. The test bank provides you with a diverse range of prewritten options as well as the opportunity for editing any question and/or inserting your own personalized questions to effectively assess students’ progress and understanding.
  • Editable, chapter-specific Microsoft® PowerPoint® slides offer you complete flexibility in easily creating a multimedia presentation for your course.
  • A Teaching Guide for the family resource management casebook included within the text.
  • An Interactive Budgeting Sheet with embedded formulas can be distributed to students in accompaniment to the casebook.
Key features
NEW TO THIS EDITION:
  • Casebook revisions offer experiential learning, which is the current focus of most university program course offerings.
  • Updated Reality Checks, Worldviews, and In the News sections offer contemporary context.
  • Expansion of material addresses cohabitation and the impact this type of family formation has on resource management.
  • New, current information offers insight on the impact of social media and technology on family communication and needs determination.
  • Expansion of material presents global resources and access to resources.

KEY FEATURES:

  • The text includes full coverage of topics required by the National Council on Family Relations for programs seeking to obtain Certified Family Life Educator accreditation.
  • The authors emphasize the significance of diversity found within structure, ethnic and cultural backgrounds, and varied lifestyles of contemporary family life.
  • Reality Check boxes illustrate content with real-life current events, news stories, and scenarios.
  • In the News features from contemporary news sources further inform students of issues facing society on a daily basis.
  • Worldview boxes provide a global or multicultural perspective.
  • The Case Family Information section at the end of the text invites students to follow particular families through topics included in the course. 


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ISBN: 9781506399041