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Cooperative Marketing Prelim Exam

Total questions: 13

Worksheet time: 20mins

Name
Class
Date
1.

A cooperative is an organizations that composed primarily of small producers and consumers who voluntarily join together to form business enterprises which they themselves own, control and patronize. This is define by ____________.

a)

International Co-Operative Alliance

b)

Presidential Decree No. 175

c)

Cooperative Code of the Philippines

2.

Which is not a principles of cooperative?

a)

Open and voluntary membership

b)

Democratic Control

c)

Limited interest on liability

d)

Division of net surplus

3.

What type of cooperatives are owned by the people who work for the company?

a)

Worker cooperatives

b)

Producer cooperatives

c)

Consumer cooperatives

d)

Purchasing cooperatives

4.

What is the type cooperatives that are owned by the producers of products who have joined together to market their products better or to streamline the production

process?

a)

Workers cooperatives

b)

Producer cooperatives

c)

Consumer cooperatives

d)

Purchasing cooepratives

5.

What type of cooperatives that are typically made up of several small businesses who have joined together to improve their purchase power?

a)

Workers cooepratives

b)

Producer cooperatives

c)

Consumer cooepratives

d)

Purchasing cooperatives

6.

What are the benefits of cooperatives? (7 points)

(a)  

7.

According to K. R. Kulkarni, cooperative marketing is any agreement to combine marketing efforts, and thus it can

appear in many forms.

a)

True

b)

False

8.

He is the one who organized the La Sociedad de los Abacaleros (Society of Abaca Producers).

a)

Teodoro Sandiko

b)

Dr. Jose P. Rizal

c)

Robert Owen

9.

He is the one who introduce the Raiffeisen cooperative movement in the Philippines.

a)

Teodoro Sandiko

b)

Dr. Jose P. Rizal

c)

Rep. Albert Barreto

10.

What is the first rural credit association that was organized under Rural Credit Law?

a)

Rural

Credit Cooperative Association

b)

Agricultural

Credit Cooperative Societies

c)

Agricultural

Credit Cooperative Association

d)

Cooperative Marketing

11.

The Cooperative Marketing Law (Act 2425) was enacted and approved on

December 9, 1927.

a)

True

b)

False

12.

Why do you think cooperative association or societies failed in their operation? (3 points)

4 lines
13.

Why do you think there is a need for cooperative marketing? (5 points)

4 lines