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Resource Management

Total questions: 70

Worksheet time: 46mins

Name
Class
Date
1.

Time, money, and possessions are examples of what kind of resources?

a)

Community

b)

Material

c)

Human

d)

School

2.

Knowledge, talent, energy, and skills are examples of what kind of resources?

a)

Community

b)

Material

c)

Human

d)

School

3.

Parks, schools, libraries, or facilities are examples of what kind of resources?

a)

Community

b)

Material

c)

Human

d)

School

4.

True or false? Community resources can also be material resources.

a)

True

b)

False

5.

Planner, goal setting, to-do list, schedules are examples of?

a)

Time Wasters

b)

Time Savers

c)

Time Management Tools

6.

TRUE OR FALSE: Goods are things you can buy or sell.

a)

TRUE

b)

FALSE

7.

work that people do for others is a ___________

a)

service

b)

good

c)

money

8.
Doctor: Goods or Service?
a)
Goods
b)
Service
9.
iPhone: Goods or Service?
a)
Goods
b)
Service
10.

You buy a book from a bookstore. You buy a _____.

a)
Good
b)
Service
11.
Does this person provide a good or a service?
a)
good
b)
service
12.
a)
good
b)
service
13.

Which of the following is an example of a good?

a)

teacher

b)

doctor

c)

mechanic

d)

pencil

14.

People buy _________to meet their needs and wants.

a)

lunch and chores

b)

doctors and mail carriers

c)

goods and services

15.

In hospital or a post office the help you get is a________

a)

goods

b)

buy

c)

service

d)

sell

16.

A service is a type of work people do for others

a)

true

b)

false

17.

what is this ?

a)

goods

b)

service

18.

What is he doing ?

a)

sell

b)

buy

c)

trade

d)

service

19.

Person who buys goods and services

a)

Consumer

b)

Provider

c)

Seller

d)

Meddle man

20.

Young people are more likely to use products endorsed by celebrities they identify with

a)

True

b)

False

21.

A person's buying decision is influenced by personal characteristic such as gender, age, subculture, personality and self-concept.

a)

True

b)

False

22.

What does an advertisement want you to do?

a)

Sing a song

b)

Jump up and down

c)

Buy something

d)

Nothing

23.

WHERE can you find an ad? PICK 3 ANSWERS.

a)
b)
c)
d)
24.
What are your personal resources?
a)
Available time, energy level, knowledge and education, learned skills, and natural talents, and relationships with friends, family, and others.
b)
Decide on the goal, make plans to achieve the goal.
c)
materials, goals and activities.
25.
How can personal possessions make life easier?
a)
They can provide satisfaction and enjoyment, which can reduce stress and save time by making tasks easier.
b)
Figure out strong and weak areas and manage the resource.
c)
They sometime take too long and you need to shorten the time.
26.
What are community resources? 
a)
Provides  membership, make do list, pro's and cons.
b)
Computer software and other technology to used.
c)
Services that the local community provides to enrich the lives of its citizens, such as education or entertainment, or to help and support those with special problem
27.
Time management is the process of planning the best way to organize the things.
a)
True
b)
False
28.
Failing to manage your time can lead to some consequences, like..
a)
Less stress
b)
Greater productivity and efficiency
c)
Missed deadlines
d)
A better professional reputation
29.
What is one common time management mistake?
a)
Procrastination
b)
Manage Distractions
c)
Taking Breaks
d)
Scheduling Tasks
30.
Alan has been studying for his math test for an hour. He knows he needs to study for at least another hour, but he is feeling distracted. His phone keeps buzzing with text messages, and he's hungry. What would be the best thing for Alan to do now?
a)
He should keep studying until he falls asleep.
b)
He should talk to his friend, eat a snack and keep studying all at the same time.
c)
He should take a quick break, so he can get a snack and respond to his texts before he goes back to studying.
d)
He should stop studying and make plans to see his friends.
31.

What are the benefits of Time Management?

a)

Relieve Stress

b)

Decrease Distractions

c)

Increase Productivity

d)

All of the answers are correct

32.

Which tools are helpful in practicing Time Management?

a)

Calendar

b)

Agenda

c)

Time Log

d)

Stopwatch or Alarm

33.

The first step in managing your time is...

a)

waiting until the last minute

b)

asking for advice from others

c)

making a plan

d)

making memes

34.

________ __________ are skills that help you use your time more efficiently so you can spend more time doing the things you love.

(a)  

35.

Setting _________ will help you define how you spend your time.

a)

goals

b)

clocks to daylight savings time

c)

the thermostat

d)

traps

36.
Which word means to delay or put off doing something by wasting your time on less important tasks?
a)
Procrastinate
b)
Postpone
c)
Abandon
d)
Cancel
37.

A person with good time management will _________ and not ____________, so more can be done in less time.

a)

work worse, work better

b)

work better, work worse

c)

work hard, work smart

d)

work smarter, work harder

38.

Prioritize means put things in order of importance.

a)

True

b)

False

39.

Which tools are helpful in practicing Time Management? Check all that apply

a)

Calendar

b)

Netflix

c)

Weekly Time Log

d)

Setting Reminders in your phone

e)

Agenda

40.

Time Management is a skill only for school.

a)

True

b)

False

41.
Poor time management skills can lead to stress. 
a)
True
b)
False
42.

What are the benefits of Time Management?

a)

Relieve Stress

b)

Decrease Distractions

c)

Increase Productivity

d)

All of the answers are correct

43.
What is a consumer? 
a)
A person who buys goods and services. 
b)
Somebody who eats too much
c)
Somebody who designs clothing 
d)
A provider who markets goods and services. 
44.
What is advertisement? 
a)
When you make wise purchase
b)
A message that persuades consumers
c)
When you have regret after making a purchase 
d)
When a consumer creates a well thought out budget
45.
What are examples of media? 
a)

Slogans, Endorsements and advertisements

b)

Electricity, Housing and cable 

c)

Newspapers, internet and signs. 

d)

Mrs. Mills

46.
Which of the following explains impulse buying? 
a)
Carefully shopping for items that are on a pre-determined list. 
b)
Using a catalog to purchase your items. 
c)
a sudden decision to buy something you did not plan to purchase
d)
Shopping at only local stores to give back to your local economy 
47.
What is a guarantee? 
a)
If you break your item, tough luck!
b)
Written promise to repair or replace a product if it is broken or does not work. 
c)
When you compare prices before you make a purchase
d)
When you make an incorrect purchase and bring it back to the store and return it to the store in exchange for the right item. 
48.
What can happen if you shoplift? 
a)
You are allowed to take the item anyways. 
b)
you are forced to write an essay. 
c)
you have to apologize 
d)
You could go to jail or pay a fine
49.
The following are ways you can pay for purchases 
a)
Credit Cards, Checks and Debit Cards
b)
Sneak the time under your coat and leave the store 
c)
Bring in an acceptable to trade for items in store 
d)
Getting an item in exchange for services.
50.

An act of giving one's public approval or support to someone or something.

a)

Value

b)

Endorsement

c)

Support

d)

Best Value

51.

Things required for survival or productivity.

a)

Wants

b)

Goods

c)

Needs

d)

Services

52.

Things people enjoy owning/using but are not necessary for survival.

a)

Needs

b)

Wants

c)

Consumer

d)

Services

53.

Direction in which something is changing or developing.

a)

Consumer

b)

Supply

c)

Trend

d)

Demand

54.

Card issued by a bank allowing the holder to transfer money electronically to another bank account when making a purchase.

a)

Debit Card

b)

Coupon Card

c)

ATM Card

d)

Credit Card

55.

A card issued by a bank or business, allowing the holder to purchase goods or services on credit.

a)

Debit Card

b)

Coupon Card

c)

ATM Card

d)

Credit Card

56.

An announcement in a public medium promoting a product, service, or event.

a)

Advertisement

b)

Endorsement

c)

Media

d)

Online Shopping

57.

a form of electronic commerce which allows consumers to directly buy goods or services from a seller over the internet using a web browser.

a)

Advertisement

b)

Impulse Buying

c)

Online Shopping

d)

Purchases made at a store

58.

a product that lacks a widely recognized name or logo because it typically isn't advertised.

a)

Name Brand

b)

Off-brand

c)

Generic

d)

Designer

59.

an estimate of income and expenditure for a set period of time.

a)

Savings

b)

Budget

c)

Stock Market

d)

Money

60.

provides a way for individuals to fight back against abusive business practices.

a)

Personal Rights

b)

Consumer Rights

c)

Business Rights

61.

Is this a name brand or generic product?

a)

Name Brand

b)

Generic

62.

Is this a name brand or generic product?

a)

Generic Brand

b)

Name Brand

63.
Examples of Fixed Expenses include:
a)
Mortgage, loans, rent
b)
Cable, entertainment, food
c)
Gas, food, phone
d)
Clothing, gas, food
64.

Which one is a fixed (same amount, same time) payment?

a)

food

b)

power

c)

mortgage

d)

petrol

65.
Car Payment
a)
Fixed Expense
b)
Variable Expense
66.

Fixed or flexible expense: Groceries

a)

Fixed

b)

Flexible

67.

this type of expense stays the same each month

a)

fixed income

b)

variable expense

c)

discretionary expense

d)

fixed expense

68.

an expense that changes based on usage

a)

fixed expense

b)

flexible expense

c)

discretionary expense

d)

intermittent expense

69.

which of the following is NOT a fixed expense

a)

car payment

b)

house/mortgage payment

c)

groceries

d)

subscription like netflix or hului

70.

Doing more than one task at a time....

a)

Many tasks

b)

Multi-skills

c)

Multi-tasking