Types of co-operative societies - SS1 Commerce Past Questions and Answers - page 1
Which type of cooperative society focuses on meeting consumer needs?
Consumer Cooperative
Producer Cooperative
Wholesaler Cooperative
What type of cooperative society involves businesses joining together to collectively produce or market their products?
Consumer Cooperative
Producer Cooperative
Wholesaler Cooperative
Which type of cooperative society is formed by wholesalers or distributors to increase their bargaining power?
Wholesaler Cooperative
Producer Cooperative
Retailer Cooperative
What do retailer cooperatives aim to enhance?
Consumer needs
Production efficiency
Competitiveness
What are thrift and credit societies also known as?
Producer Cooperatives
Credit Unions
Consumer Cooperatives
What is the main purpose of a consumer cooperative?
The main purpose of a consumer cooperative is to meet consumer needs by collectively purchasing goods and services.
What do producer cooperatives involve?
Producer cooperatives involve businesses joining together to collectively produce, process, or market their products.