Family Resource Management

  Answer the following questions I. Describe at least three of the factors that determine the cost of automobile insurance. 2. Why does geographic location of a home determine the cost of homeowner's insurance? 3. What is the difference between a health maintenance organization (HMO) and a preferred provider organization (FPO) in managed health care? 4. Clarify the differences between insurance deductibles, co-pays, and stop-loss limits. 5. Why is it difficult to transfer a family business to the next generation? 6. Explain why it is important to have a will. 7. What is the difference between external and internal locus of control in the motivation of plan implementation. S. How does the idea of resilience help I the implementation of plans? 9. Because it is so important in the delegation process, present some ways to enhance communication. 10. Explain how net worth is determined?