QUIZ #5

QUIZ #5

1st Grade

20 Qs

quiz-placeholder

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QUIZ #5

QUIZ #5

Assessment

Quiz

Financial Education

1st Grade

Medium

Created by

TESSIL SOTONIEL

Used 2+ times

FREE Resource

20 questions

Show all answers

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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