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What is a primary responsibility of sound cooperative management?

• Exerting authoritarian control over cooperative members.

• Ignoring the needs and concerns of cooperative members.

• Ensuring effective governance and decision-making processes.

• Minimizing transparency in cooperative operations.

What effect can close supervision have on the productivity of a cooperative?

• It enhances productivity by providing support and guidance.

• It can hinder productivity by restricting autonomy.

• It has no impact on productivity.

• It discourages productivity by micromanaging tasks.

______is a method of cooperative marketing where the products of the members are physically commingled and sold collectively during a particular period and then paid, an average price derived after deducting the total expense from the sales proceeds.

What role does communication play in effective leadership within a cooperative?

 

• Effective leadership relies on secretive communication channels.

• Communication should be limited to avoid interference.

• Communication is unnecessary in effective leadership.

• Clear and transparent communication fosters trust and understanding.

Records of a cooperative should reasonably be open to member for inspection any time.

• Accurate and up-to-date record-keeping

• Bonding of accountable officials

• Preventing nepotism

• Proper selection of lines of activities

The hiring of relatives in a cooperative often results in favoritism, bringing about inefficiency and a break down of morale among personnel, not to mention the possible formation of family cliques within the association

• Bonding of Accountable Officials

• Proper Selection of Lines of Activities

• Preventing Nepotism

• Conscientious Budgeting

Accounting has been called the

Among the three component of management, the ______ is definitely the most difficult to establish

• Members

• Board of Directors

• Relationship between the board of directors and the Manager

• Hired Management

The pattern of supervision, otherwise known as __________

Another factor significant to the successful attainment of the goals and objectives of a cooperative is the close supervision its operations. The principal actors in this significant activity are

• The Government regulatory authority concerned and the members of a cooperative

• External supervision and Internal supervision

• Members and Hired Management