In the …………..consultation and decision-making about daily activities takes place between members and management.

Related MCQs

• A ……………………. institution is a voluntary association of independent economic units, organized, capitalized and run by, and for its members, providing and/or marketing goods and services on cost-to-cost basis to their members.
• The …………………. takes place only once.
• 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).
• Every society shall maintain ……………….. , showing daily receipts and expenditure, and the balance at the end of each day.
• ………………………may be summoned at the insistence of the management committee, the audit or the control committee, the registrar of cooperatives, or at the request of at least ten percent (10%) of all the members of the cooperative.
• ……………..is concerned with assigning the activities to specific positions and people; and providing means for coordinating the efforts of individuals and groups.
• In the case of non trading societies such as Co-operative Education Societies, hospital, societies and similar other types of societies, which do not undertake trading activities, it is common to term the “Profit and Loss Account” as…………..
• A…………………… has been defined as an “economic and social organisation of the working people, serving not only interest of the members, but also social progress,” which promotes safeguards and realizes the interests and aspirations of the working people”.
• In the case of issuing loans, …………………………., showing the number and date of disbursement of each loan issued to members the amount of loan, the purpose for which it is granted and the date or dates of repayment, distinguishing principal and interest
• ………………is concerned with determining the specific activities needed to accomplish the planned objectives and goals.