Cooperative management exam questions

  • What are the values of cooperatives?

    Cooperative values
    Cooperatives are based on the values of self-help, self-responsibility, democracy, equality, equity, and solidarity.
    In the tradition of their founders, cooperative members believe in the ethical values of honesty, openness, social responsibility and caring for others..

  • What is cooperative management all about?

    Cooperative management is complex.
    It often involves managing the affairs of sev- eral unlike businesses under one structure.
    Adding to the complexity, the user-owner cooperative business must satisfy the majority of the customers.
    All have different needs depending upon how they are inter- acting with the business..

  • What is the need of management in cooperatives?

    Management is the decisionmaking element of the cooperative.
    Broadly speaking, its role entails formulating and executing operat- ing policies, providing good service, maintaining financial sound- ness, and implementing operating efficiencies to successfully meet its objects..

  • What is the purpose of a cooperative?

    The purpose of a cooperative is to realize the economic, cultural and social needs of the organization's members and its surrounding community.
    Cooperatives often have a strong commitment to their community and a focus on strengthening the community they exist in or serve..

  • A cooperative (also known as co-operative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-controlled enterprise".
  • Those types of cooperatives include producer/marketing, retail supply, utilities, cable television, agricultural services, fish marketing, child care, farmers' markets and community service.

What are the practice questions on the cooperative quiz?

The practice questions on the quiz will test you on the definition of a cooperative, the characteristics of a consumer coop, and the types of businesses that can be cooperative

Reading comprehension - ensure that you draw and retain the pertinent information on cooperatives from the related lesson

What is cooperative management?

Prelim Exam: Cooperative Management! Quiz - ProProfs Quiz Prelim Exam: Cooperative Management! Quiz 1

An autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise

What is the main focus of a cooperative?

The main focus of cooperatives is to meet the needs and interests of their members by offering affordable products and services

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A multi-purpose coop is the correct answer because it caters to different services such as lending, savings, marketing, etc

Cooperatives are organizations of individuals who pursue a common economic goal. This quiz and worksheet combinatio…

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