Cooperative Management Prelim Flashcards
The first legal basis for the system and framework of private organizations in the Philippines
Corporation Law
This initiated the failure on state initiated cooperatives in 1969
Philippine Nat’l Cooperative Bank fall
Raiffeisen used the 3S formula to solve
poverty by resolving dependency
Craft labor unions and guilds in the Spanish era
Gremios
Which could be a valid reason for membership termination in a cooperative?
omission of an act that hampers cooperative interest
Financial Service Cooperative is to
savings and lending services to members and non-members
Which is mandated to be included in the articles of cooperation?
scope of business
Cooperatives in the Philippines trace their beginnings in
labor unions
The 3S formula became the base of the Raiffeisen model of cooperatives
True for it forms the initial characteristics needed for a cooperative
Credit Cooperative is to
savings and lending services to members
The Raiffeisen model focused on
credit cooperatives
The former name of the Polytechnic University of the Philippines
Philippine College of Commerce
Cooperative membership is limited in
type (membership type)
How could one lose membership in a cooperative?
death in primary, and insolvency in the others
The Cooperative Marketing Law was for the basis of
farmers’ marketing cooperatives formed by the state
