In the …………………the manager(s) reports to the board, which in turn provides direction to the manager(s).

Related MCQs

• In the ………………….the board of directors reports to membership, reviewing the past business year and the year’s financial statements.
• In the …………….the board seeks approval of its recommendations for surplus allocation.
• In the ……………….membership elects a new board.
• The key function of……………………..is for the board to hold those in charge of making decisions on behalf of the cooperative society accountable for the outcomes of those decisions.
• In the ……………..the board evaluates the cooperative society’s financial position to determine whether or not the budgeted objectives are being met and what actions should be taken to improve the situation.
• In the ……………the board makes or changes policies as required, or recommends a policy to the membership if only the membership has the authority in a particular area.
• In the ……………….the Board members discuss long-term goals and strategy and ensure that a good planning process is in place to guide the cooperative society in the coming year(s).
• In the ……………..the board approves new members or terminates a person’s membership.
• In ……………………who participates, will vary from co-operative to co-operative depending upon the organizational structures that have been approved by the membership and/or the board of directors.
• Managers must have leadership skills and be effective communicators for ………….function.