Types of Cooperatives Quiz
14 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Match the following types of cooperatives with their descriptions:

Insurance Cooperative = Engaged in the business of insuring life and property of cooperatives and their members Transport Cooperative = Includes land and sea transportation, limited to small vessels Water Service Cooperative = Organized to own, operate and manage water systems for potable water Workers Cooperative = Organized by workers who are simultaneously the members and owners of the enterprise

Match the following cooperative types with their primary objectives:

Insurance Cooperative = Provide insurance coverage to members Transport Cooperative = Facilitate transportation services for members Water Service Cooperative = Ensure distribution of potable water to members and households Workers Cooperative = Create employment and business opportunities for workers

Match each cooperative type with its governance structure:

Insurance Cooperative = Co-owned and controlled by members Transport Cooperative = Organized under the provisions of RA 9520 Water Service Cooperative = Managed in accordance with cooperative principles Workers Cooperative = Members are also the owners of the enterprise

Match the following types of cooperatives with the services they provide:

<p>Insurance Cooperative = Life and property insurance Transport Cooperative = Transport services via small vessels Water Service Cooperative = Provision of clean water systems Workers Cooperative = Employment opportunities for self-employed and workers</p> Signup and view all the answers

Match each cooperative type with its specific definition:

<p>Insurance Cooperative = Business of insuring life and property Transport Cooperative = Transport services for cooperative members Water Service Cooperative = Distribution of potable water systems Other types of Cooperatives = As determined by the Authority</p> Signup and view all the answers

Match the type of cooperative with its primary purpose:

<p>Credit Cooperative = Savings and lending services Consumer Cooperative = Procurement and distribution of commodities Producers Cooperative = Joint production of goods Service Cooperative = Engagement in various services</p> Signup and view all the answers

Match the cooperative type with its target group:

<p>Agrarian Reform Cooperative = Marginal farmers and beneficiaries Fishermen Cooperative = Marginalized fishermen Dairy Cooperative = Producers of fresh milk Education Cooperative = Owners of educational institutions</p> Signup and view all the answers

Match the cooperative type with its key activity:

<p>Marketing Cooperative = Supply of production inputs Advocacy Cooperative = Promoting cooperativism Multi-Purpose Cooperative = Combining different activities Electric Cooperative = Power generation</p> Signup and view all the answers

Match the cooperative with its financial service role:

<p>Cooperative Bank = Providing financial services to cooperatives Financial Service Cooperative = Savings and credit services Credit Cooperative = Common pool of funds for lending Health Services Cooperative = Providing health services</p> Signup and view all the answers

Match the cooperative type with its primary output:

<p>Producers Cooperative = Finished or processed products Dairy Cooperative = Dairy products Consumer Cooperative = Commodities for sale Service Cooperative = Various professional services</p> Signup and view all the answers

Match the type of cooperative with its specific services:

<p>Financial Service Cooperative = Savings and credit Health Services Cooperative = Medical and dental care Electric Cooperative = Power distribution Housing Cooperative = Access to housing</p> Signup and view all the answers

Match the cooperative type to its collective goal:

<p>Consumer Cooperative = Benefit to both members and non-members Agrarian Reform Cooperative = Land development Fishermen Cooperative = Marketing of fish products Service Cooperative = Providing essential services</p> Signup and view all the answers

Match the type of cooperative with the source of its products:

<p>Dairy Cooperative = Fresh milk from producers Fishermen Cooperative = Fresh or processed fish Producers Cooperative = Raw materials from members Consumer Cooperative = Commodities from various sources</p> Signup and view all the answers

Match the cooperative type and its founding members:

<p>Agrarian Reform Cooperative = Marginal farmers Fishermen Cooperative = Fishermen in localities Housing Cooperative = Members participating in savings programs Advocacy Cooperative = Individuals promoting cooperativism</p> Signup and view all the answers

Study Notes

Types of Cooperatives

  • Credit Cooperative: Facilitates savings and lending services among members, creating a common fund for financial assistance targeted at productive and provident purposes.

  • Consumer Cooperative: Aims to procure and distribute goods to both members and the general public.

  • Producers Cooperative: Engages in joint production activities, whether agricultural or industrial, converting raw materials into finished products for sale to members and non-members.

  • Marketing Cooperative: Supplies production inputs to members and markets their products, enhancing profitability for its members.

  • Service Cooperative: Provides a variety of services including medical care, transportation, insurance, and professional services to its members.

  • Multi-Purpose Cooperative: Combines various business activities from two or more types of cooperatives, serving multiple needs.

  • Advocacy Cooperative: Promotes cooperativism through educational activities, training, and research, focusing on social projects and outreach.

  • Agrarian Reform Cooperative: Formed by marginal farmers, particularly agrarian reform beneficiaries, to tackle land tenure and development issues.

  • Cooperative Bank: Offers a comprehensive range of financial services specifically to cooperatives and their members.

  • Dairy Cooperative: Consists of members involved in fresh milk production, with capabilities for processing and marketing dairy products.

  • Education Cooperative: Operates licensed educational institutions, focusing on delivering education services to its members.

  • Electric Cooperative: Dedicated to power generation using renewable sources and managing electricity distribution to household members.

  • Financial Service Cooperative: Engages in providing savings and credit services alongside other financial solutions.

  • Fishermen Cooperative: Composed of marginalized fishermen, focusing on the marketing of fresh or processed fish products.

  • Health Services Cooperative: Provides various health services, including medical and dental care, to its members.

  • Housing Cooperative: Facilitates access to housing for regular members who contribute to a savings program, emphasizing collective ownership.

  • Insurance Cooperative: Provides life and property insurance services specifically for cooperatives and their members.

  • Transport Cooperative: Involves land and sea transportation operations, defined by Philippine maritime laws and focused on small vessels.

  • Water Service Cooperative: Manages water systems to ensure the provision and distribution of potable water to its members.

  • Workers Cooperative: Organized by workers who own and operate the enterprise, focusing on employment opportunities and cooperative principles.

  • Other Types of Cooperatives: Additional cooperative forms may be established as determined by governing authorities.

Studying That Suits You

Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

Quiz Team

Description

Test your knowledge about the different types of cooperatives! This quiz focuses on credit, consumer, and producers cooperatives, exploring their definitions, purposes, and roles in supporting members. It's perfect for those studying cooperative economics or looking to understand these important organizations better.

More Like This

Use Quizgecko on...
Browser
Browser