YEAR 9 FIRST TERM WEEK 10

_______ is a self-governing association of persons who are voluntarily united to meet their economic and social needs through a jointly-owned enterprise.

• Young Farmers' club

• Cooperative society

• Entrepreneurial club

• Social gathering

One of the major objectives of cooperative societies is to _____

• Make life miserable for people

• Facilitate unhealthy competition among cooperators

• Provide support and services to the members of the society

• Oppress the poor and the needy in the society

All of the following are REASONS for establishing cooperative societies EXCEPT ______

• To make huge profits at the detriment of new cooperators

• To deliver quality goods and products to end customers

• To help each other mutually and not to compete,

• To practice fair and transparent business activities,

All are types of Agricultural Cooperatives EXCEPT

• Consumers cooperatives

• Producers cooperatives

• Multi-purpose cooperatives

• Lazy men cooperatives

An association formed by people who are into real farming such as crop farming, fishery, animal husbandry, poultry, etc. is CALLED

• Credit & Thrift cooperative

• Consumers cooperative

• Distributors cooperative

• Producers cooperative

A type of association formed by people who are the real end users of what farmers produce is CALLED

• Producers cooperative

• Inputs & output cooperative

• Consumers cooperative

• Multi-purpose cooperative

What is referred to as an association of people that combines two (2) or more business activities?

• Multi-purpose cooperative

• Partnership cooperative

• Sole proprietorship

• Merchandising

Identify 5 non-professional conducts of cooperative members.

 

 

 

Evaluate responses using AI:

OFF

All are characteristics features of cooperative members EXCEPT ______

• Cooperative members must be team players

• Cooperative members must have team spirit

• They must show dedication to the course of the group

• They must showcase a selfish attitude

To manage a cooperative society effectively, the following MUST be in place; EXCEPT

• To constitute management committee members

• To develop c constitution/bye-laws for all members

• To involve only members from your village

• To register the cooperative