video on CEO Companies

What is the main characteristic of co-ops in terms of ownership?

• Owned by government

• Owned by employees

• Owned by members

• Owned by outside shareholders

Which of the following is NOT a type of co-op mentioned in the text?

• Producer co-op

• Government co-op

• Financial sector co-op

• Consumer co-op

What is the primary mission of co-ops according to the text?

• Serve their members

• Maximize profit

• Compete with traditional companies

• Expand globally

How are major company-wide decisions made in co-ops?

• By the CEO

• By the Board of Directors

• By voting among members

• By the government

What is the voting system like in co-ops compared to traditional companies?

• Only workers can vote

• Based on shares owned

• No voting system

• Every member gets one vote

What is the salary limit for management at Mondragon compared to traditional companies?

• Equal to the lowest paid worker

• Twice the lowest paid worker

• Six times the lowest paid worker

• Ten times the lowest paid worker

How do worker-owners at The Cheeseboard make major decisions?

• By government intervention

• By reaching consensus

• By voting among shareholders

• By the CEO's decision

What is the main difference in job satisfaction between co-op workers and traditional company workers?

• Co-op workers are 40% happier

• Co-op workers are 30% happier

• Co-op workers are 20% happier

• Co-op workers are 10% happier

What is the approximate number of co-ops around the world according to the text?

• 1 million

• 4 million

• 3 million

• 2 million

What was the name of the first co-op that publicized its principles?

• Rochdale Society of Equitable Pioneers

• Mondragon

• Park Slope Food Co-op

• The Cheeseboard