Cooperatives

Question 1

Cooperatives

Answer 1

Cooperatives is a farm, business, or other organization which is owned and run jointly by its members, who share the profits or benefits.

Question 2

Principles of Cooperatives

Answer 2

1. There is more democratic control
2. Members is open to its constitution

3.Member Economic Participation:

Question 3

Advantages and disadvantages of a Cooperatives

Answer 3

Advantages

1. Democratic Control
   2.Shared Risk and Reward:
   3.Economic Benefits

Disadvantages

1.Decision-Making Challenges

2.Limited Access to Capita

3.Potential for Free-Riding

Question 4

Types of Cooperatives

Answer 4

1. Producer cooperatives, also known as worker cooperatives or producer-owned businesses, are a type of cooperative where the members are primarily producers of goods or services.

Question 5

2. Buyer cooperatives

Answer 5

Buyer cooperatives, also known as purchasing cooperatives or consumer cooperatives, are formed by individuals or businesses to collectively purchase goods or services.

Question 6

3. retail cooperatives

Answer 6

Retail cooperatives, also known as consumer cooperatives or retail co-ops, are formed by consumers who come together to collectively own and operate retail businesses.

Question 7

4. Financial cooperatives or credit union

Answer 7

Retail cooperatives, also known as consumer cooperatives or retail co-ops, are formed by consumers who come together to collectively own and operate retail businesses.

Question 8

what is a democratic leader

Answer 8

A democratic leader is a leader that allows members to participate in decision making.

Question 9

Autocratic leader

Answer 9

A autocratic leader is a leader that does not allow members to participate in decision making this type of leader makes decision on his or her own.

Question 10

Shares

Answer 10

Shares are units of stock issued by a cooperation.

Question 11

Dividends

Answer 11

Dividends are rewards paid by the share holder for their investments from the companies equity .

Question 12

Equity

Answer 12

Equity is the value that would be returned that the companies shares if all of the assets are liquidated all of the companies debts were paid off.

Question 13

Liquidate

Answer 13

liquidate means converting property or assets into cash by selling them on the market

Question 14

Share Capital

Answer 14

Share capital is the money of a company raises by issuing common preferred stock.

Question 15

Common / preferred stock

Answer 15

Common / preferred stock is a form corporate equity ownership a type of security.