
QUIZ #5
Quiz
•
Financial Education
•
1st Grade
•
Medium
TESSIL SOTONIEL
Used 2+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
How does the approach to the program contribute to achieving the objective of influencing favorable opinions of the public on cooperation?
By focusing on advertising and promotional activities
By engaging with stakeholders and providing relevant information
By ignoring the needs and interests of the target public sector
By withholding information from the public
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The cooperative wants to define the approach to its education and information program. According to the guidelines, what is the main focus of the program's approach?
Promoting the cooperative's products and services
Interacting with stakeholders and fostering linkages
Increasing revenue through marketing efforts
Advocating for government support
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
As part of the monitoring process, the cooperative wants to ensure that the training program remains relevant and responsive to participants' needs. What is an effective strategy for achieving this?
Implementing the same training program year after year without changes.
Conducting regular surveys to gather feedback and identify areas for improvement.
Focusing solely on achieving high attendance rates for training sessions.
Assigning additional administrative staff to oversee the training program.
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A cooperative is planning to implement an education plan and program to empower its members with essential skills and knowledge. They need to decide how to fund this initiative. What approach best aligns with cooperative principles?
Taking out a loan from a bank to cover the costs of the education plan.
Utilizing a portion of the cooperative's profits to finance the education plan.
Asking members to individually finance their own education within the cooperative.
Applying for government grants without involving members in the financing process.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A cooperative is exploring opportunities to expand its operations. They want to focus on sectors that are not only profitable but also align with their cooperative values. Which approach best reflects cooperative principles?
Prioritizing sectors solely based on potential financial returns.
Conducting market research to identify sectors with the highest profit margins.
Concentrating efforts in sectors where there is a demonstrated need and where members can make a meaningful impact.
Pursuing opportunities in sectors that are trendy, even if they don't align with the cooperative's mission.
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
When planning a training program for cooperative members, officials, and employees, which step involves identifying gaps in knowledge or skills?
Formulating training objectives
Scheduling training activities
Selecting and inviting resource persons
Determining the need for training
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
After identifying the need for training, what is the next step in planning the training program?
Scheduling training activities
Preparing the budget
Formulating training objectives
Selecting and inviting resource persons
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