Cooperative management midterm exam

  • What are the objectives of cooperative management?

    • Objectives of cooperatives
    To mobilize funds and savings among members.
    To provide consumer goods to members at reasonable rates.
    To provide services to members according to their needs, such as housing, transport, insurance etc.
    To promote self-help, self-reliance among people..

  • Why is a cooperative important?

    Cooperatives allow people to take control of their economic future and, because they are not owned by shareholders, the economic and social benefits of their activity stay in the communities where they are established.
    Profits generated are either reinvested in the enterprise or returned to the members..

Midterm Exam-Cooperative Management Numbers and qualification of organizer of a primary cooperative except one. * 1 point Fifteen or more natural persons 

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