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  • Coop Quiz-2nd Round

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    Melanie Anaud Magro-Amos
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    Cooperatives are owned, managed, and patronized by members. They serve the needs of members through practices like open and voluntary membership, democratic member control, and lending/credit services. Core cooperative values include self-help, self-responsibility, and democracy. The primary capital of cooperatives comes from member share capital. There are two types of membership - regular and associate. The highest governing body is the general assembly.

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    Cooperatives are owned, managed, and patronized by members. They serve the needs of members through practices like open and voluntary membership, democratic member control, and lending/credit services. Core cooperative values include self-help, self-responsibility, and democracy. The primary capital of cooperatives comes from member share capital. There are two types of membership - regular and associate. The highest governing body is the general assembly.

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    © All Rights Reserved
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    9 views2 pages

    Coop Quiz-2nd Round

    Uploaded by

    Melanie Anaud Magro-Amos
    Cooperatives are owned, managed, and patronized by members. They serve the needs of members through practices like open and voluntary membership, democratic member control, and lending/credit services. Core cooperative values include self-help, self-responsibility, and democracy. The primary capital of cooperatives comes from member share capital. There are two types of membership - regular and associate. The highest governing body is the general assembly.

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    © All Rights Reserved
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    of 2

    1. Cooperatives are owned, managed, and patronized by _______.

    a. Members
    b. Manager
    c. Proprietor
    2. Cooperatives serve best when they answer the needs of the_______.
    a. Members
    b. Manager
    c. Proprietor
    3. What are the COOP practices being practiced?
    a. Open and Voluntary Membership
    b. Democratic Member Control
    c. Lending and Credit
    4. What are the cooperative values?
    a. Self-help
    b. Self-responsibility
    c. Democracy
    d. Autocratic
    e. Business-minded
    5. A type of coop that caters to lending services
    a. Credit Coop
    b. Consumers Coop
    c. Producers Coop
    d. Multi-purpose Coop

    6. What is the primary capital of cooperatives?


    a. Member’s Share Capital
    b. Savings
    c. Donations
    7. What are the two types of membership?
    a. Regular
    b. Permanent
    c. Associate
    d. Part-time

    8. What is the reason to terminate a member in a coop?


    9. Government Agency that regulates cooperatives.

    10. A type of Coop that focuses on retail business such as grocery,


    general merchandise, etc.
    11. A type of coop that is formed by farmers to save money selling
    crops and other products of farmers.
    12. What is the highest governing body of the Cooperative?

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