
Quiz #4
Quiz
•
Financial Education
•
1st Grade
•
Practice Problem
•
Medium
TESSIL SOTONIEL
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a step in the basic preorganization economic survey for cooperatives?
Assessing market demand
Identifying potential members
Drafting legal documents
Estimating initial capital requirements
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the bottom-up method of organizing cooperatives, who primarily initiates the formation process?
Government authorities
Large corporations
Potential members and local communities
International organizations
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The top-down method of organizing cooperatives involves
Starting with local communities and expanding regionally
Forming cooperatives based on government directives
Building cooperatives from grassroots movements
Collaborating with multinational corporations
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which of the following is NOT a major concern in the organization of cooperatives?
Ensuring members have similar interests
Establishing suitable organizational structures
Maximizing profit for shareholders
Organizing associations based on commodity basis
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When forming a cooperative, it is essential that
Members have diverse interests
The association is structured like a corporation
Members have similar economic needs and goals
Government regulations are disregarded
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which method of organizing cooperatives emphasizes community involvement and local empowerment?
Outsourcing method
Hybrid method
Top-down method
Bottom-up method
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Members of which cooperative type are working or residing within the area of operation?
Residential
Institutional
Associational
Genuine cooperative
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