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Quiz #4

Total questions: 20

Worksheet time: 12mins

Name
Class
Date
1.

Which of the following is NOT a step in the basic preorganization economic survey for cooperatives?

a)

Assessing market demand

b)

Identifying potential members

c)

Drafting legal documents

d)

 Estimating initial capital requirements

2.

In the bottom-up method of organizing cooperatives, who primarily initiates the formation process?

a)

Government authorities

b)

Large corporations

c)

Potential members and local communities

d)

International organizations

3.

The top-down method of organizing cooperatives involves

a)

Starting with local communities and expanding regionally

b)

Forming cooperatives based on government directives

c)

Building cooperatives from grassroots movements

d)

Collaborating with multinational corporations

4.

Which of the following is NOT a major concern in the organization of cooperatives?

a)

Ensuring members have similar interests

b)

Establishing suitable organizational structures

c)

Maximizing profit for shareholders

d)

Organizing associations based on commodity basis

5.

When forming a cooperative, it is essential that

a)

Members have diverse interests

b)

The association is structured like a corporation

c)

Members have similar economic needs and goals

d)

Government regulations are disregarded

6.

Which method of organizing cooperatives emphasizes community involvement and local empowerment?

a)

Outsourcing method

b)

Hybrid method

c)

 Top-down method

d)

Bottom-up method

7.

Members of which cooperative type are working or residing within the area of operation?

a)

 Residential

b)

 Institutional

c)

Associational

d)

Genuine cooperative

8.

Which level of organization has members consisting of secondary cooperatives?

a)

First Level - Primary cooperative

b)

Second level - Secondary cooperative

c)

Tertiary level

d)

Union type

9.

The Cooperative Union of Cavite in the province of Cavite represents which level of organization?

a)

First Level - Primary cooperative

b)

Second level - Secondary cooperative

c)

Tertiary level

d)

Combination type

10.

Which type of cooperative membership is primarily focused on non-business activities such as advocacy?

a)

Federated type

b)

Union type

c)

Combination type

d)

Tertiary level

11.

An incorporated cooperative is one that is:

a)

Registered with the Cooperative Development Authority (CDA)

b)

Not registered with any government agency

c)

Formed during the PD 175 and LOI 23 period

d)

Registered with the International Co-operative Alliance (ICA)

12.

An example of a consumers cooperative is the:

a)

Panabo Agro-Industrial Cooperative

b)

College Consumers Cooperatives in UP Los Baños, Laguna

c)

Batangas Electric Cooperative (BATELEC)

d)

Makiling Forestry Credit Cooperative

13.

The Lipa City Multi-purpose Cooperative Marketing Association (LIMCOMA) in Lipa City, Batangas, is an example of which type of cooperative?

a)

Marketing cooperatives

b)

Supply cooperatives

c)

Credit cooperatives

d)

Production cooperatives

14.

How does the size of potential membership influence the choice of cooperative type?

a)

It affects the availability of management talents.

b)

It determines the types of products sold.

c)

It impacts the competitive situations.

d)

It influences the governance structure and operational model.

15.

Which of the following is NOT a factor in determining the type of cooperative?

a)

Competitive situations

b)

Social and economic status of potential members

c)

Membership fees

d)

Existing customs, practices, and traditions

16.

In a top-down approach to cooperative organization, decision-making power primarily rests with:

a)

External investors

b)

Local communities

c)

Government authorities

d)

Member-elected representatives

17.

Which of the following is NOT a consideration in establishing the organizational structure of a cooperative?

a)

Size of the market

b)

Legal requirements

c)

Member diversity

d)

Profit margins

18.

In a commodity-based cooperative, members typically unite based on

a)

Their political affiliations

b)

Their cultural backgrounds

c)

The type of product or service they produce or consume

d)

Their educational levels

19.

Which characteristic distinguishes cooperatives from traditional corporations?

a)

Profit maximization

b)

Member ownership and control

c)

Government ownership

d)

Limited liability

20.

Which factor plays a significant role in selecting the type of cooperative based on the potential membership?

a)

Available management talents

b)

Types of services required

c)

 Size of the area of operations

d)

Competitive situations