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INTERNATIONAL > COOPERATIVE > Flashcards

COOPERATIVE Flashcards

1
Q

-it generates a common pool of funds in order to provide financial assistance to its members.
-is one that promotes and undertakes savings and lending services among its members.

A

Credit Cooperative

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2
Q
  • to procure and distribute commodities to members and non-members;
A

Consumer Cooperative

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3
Q
  • is one that undertakes joint production whether agricultural or industrial.
    -it is formed and operated by its members to undertake the production and processing of raw materials or goods
A

Producers Cooperative

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4
Q

-is one which engages in the supply of production inputs to members and markets their products;

A

Marketing Cooperative

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5
Q

is one which engages in medical and dental care, hospitalization, transportation etc.

A

Service Cooperative

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6
Q

-is one which combines two (2) or more of the business activities.

A

Multipurpose Cooperative

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7
Q
  • is a primary cooperative which promotes and advocates cooperativism among its members - cooperative that provides socially-oriented projects to its beneficiaries
A

Advocacy Cooperative

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8
Q

-in charge of land tenure, land development, land consolidation or land management.

A

Agrarian Reform Cooperative

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9
Q

organized for providing a wide range of financial services to cooperatives and their members;

A

Cooperative Bank

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10
Q
  • members are engaged in the production of fresh milk which may be processed and/or marketed.
A

Dairy Cooperative

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11
Q

is one organized for the primary purpose of owning and operating licensed educational institutions.

A

Education Cooperative

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12
Q

is one organized for the primary purpose of operation or distribution of energy to its household members;

A

Electric Cooperative

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13
Q

-for the primary purpose of engaging in savings and credit services.

A

Financial Service Cooperative

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14
Q

is one organized by marginalized fishermen in localities.

A

Fishermen Cooperative

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15
Q

is one organized for the primary purpose of providing medical, dental and other health service

A

Health Services Cooperative

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16
Q

is one organized to assist or provide access to housing for the benefit of its regular members.

A

Housing Cooperative

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17
Q

is one engaged in the business of insuring life and poverty of cooperatives and their members

A

Insurance Cooperative

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18
Q

is one which includes land and sea transportation, limited to small vessels.

A

Transport Cooperative

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19
Q

is one organized for the provision and distribution of potable water for its members and their households

A

Water Service Cooperative

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20
Q

its principal purpose is to provide employment and business opportunities to its members. -organized by workers, including the self-employed.

A

Workers Cooperative

21
Q

cooperatives, which are parties to the merger/consolidation.

A

Constituent Cooperative

22
Q
  • cooperative which survives and continue the business of the combined cooperative in case of merger.
A

Surviving Cooperative

23
Q
  • new cooperative created after the termination of the old cooperative in case of consolidation
A

consolidated cooperative

24
Q

-any person natural or juridical, who or which shall be adversely affected in case of merger or consolidation

A

Third Party

25
Q
  • the various activities undertaken by a dissolved cooperative.
A

Nature

26
Q
  • a broad term that includes all forms of remunerations.
A

Compensation

27
Q

-refers to the allowance given as a reimbursement for extra expenses incurred by one in the performance of his duties.

A

Per diem

28
Q

-a gesture of appreciation for the service of one with expertise of professional standing in recognition of his broad and superior knowledge.

A

Honorarium

29
Q
  • a cooperative formed and managed primarily by minors
A

Laboratory Cooperative

30
Q
  • refers to a duly registered cooperative to which a laboratory cooperative is affiliated with.
A

Guardian Cooperative

31
Q

-refers to the act of being formally connected or joined by a laboratory cooperative to a guardian cooperative

A

Affiliation

32
Q

STANDARD TRAINING CURRICULA FOR COOPERATIVE OFFICERS

A
  1. Basic Cooperative course
  2. Cooperative management
  3. Cooperative governance
  4. Financial management
  5. Conflict management
  6. Parliamentary procedure
  7. Leadership and values re-orientation
  8. Strategic planning
  9. Audit management
  10. Records management
  11. Entrepreneurial and business management
  12. Basic accounting for non-accountants
  13. Internal control
  14. Rules formulation
  15. Cooperative standards
33
Q

OFFICERS OF THE COOPERATIVE

A

1.Board of Directors
2. Secretary
3. Treasurer
4. Election committee
5. Audit committee
6. Ethics committee
7. Mediation and conciliation committee
8. General manager
9. CEO
10. Other Committees created.

34
Q

Voting System of a Cooperative

A

Each member of a primary cooperative shall have only one(1) vote. In the case of members of secondary or tertiary cooperatives, they shall have one (1) basic vote and as many incentive votes as provided for in the bylaws but not exceed five (5) votes. The votes cast by the delegates shall be deemed as votes cast by the members thereof. However, the bylaws of a cooperative other than a primary may provide for voting by proxy. Voting by proxy means allowing a delegate of a cooperative to represent or vote in behalf of another delegate of the same cooperative

35
Q

ARTICLE 26

A

Kinds of Membership

36
Q

ARTICLE 27

A

Government Officers and Employees

37
Q

ARTICLE 28

A

Application

38
Q

ARTICLE 29

A

Liability of Members

39
Q

ARTICLE 30

A

Termination of Membership

40
Q

ARTICLE 31

A

Refund of Interest

41
Q

ARTICLE 33

A

Powers of the General Assembly

42
Q

ARTICLE 34

A

Meetings

43
Q

ARTICLE 35

A

Quorum

44
Q

ARTICLE 36

A

Voting System

45
Q

ARTICLE 39

A

Directors

46
Q

ARTICLE 42

A

Officers of the Cooperative

47
Q

ARTICLE 43

A

Committees of Cooperatives

48
Q

ARTICLE 46

A

Compensation

49
Q

ARTICLE 50

A

Removal

INTERNATIONAL (4 decks)

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