1.

Study types of cooperatives gives example

a. Credit cooperative. Promotes thrift and savings among its members and

creates funds in order to grant loans for productivity

b. Consumer cooperative. The primary purpose of which is to procure and

distribute commodities to member and non-members.

c. Producers cooperative. Undertakes joint production whether agricultural or

industrial.

d. Service cooperative. Engages in medical, and dental care, hospitalization,

transportation, insurance, housing, labor, electric light and power,

communication and other services.

e. Multi- purpose cooperative. Combines two or more of the business activities

of these different types of cooperatives.

In terms of membership, cooperatives are classified as:

a. Primary. The members are natural persons of legal age.

b. Secondary. The members of which are primaries.

c. Tertiary, the member of which are secondaries upward to one or more apex

organizations.

Cooperatives whose members are cooperatives are called federations or unions.

2. Different types of cooperatives looks around you.

 Santiago Amos Credit and Development Cooperative

 Tam-an Multi-Purpose Cooperative

 Family Development Cooperative

 Isabela Electric Cooperative Inc I

  Juel Multi-purpose Cooperative Inc.

 Philippine Federation Credit Cooperative

 Cagayan Valley Confederation of Cooperative and development Center

 Isabela Lens Men Multi-Cooperative.

3. How a cooperative differs from another forms of Business

Cooperatives are unique because its members are the owners. Member-

owners not only get the products and services they need, but also have a say in

the business decisions of the co-operative. This means they focus on the social

and environmental impact the cooperative makes as well as on their financial

performance.

4. Advantages with cooperative, disadvantages of each organization.

Advantages of a co-operative includes:

 there are equal voting rights for members

 this structure encourages member contribution and shared responsibility

liability for members is limited

 there is no limit on the number of members

Disadvantages of a co-operative include that:

 members have equal voting rights regardless of investment - which may not

suit an investor-driven business

 legal limits on payments of dividends on shares may not suit an investor-driven

business