Answered

Welcome to Westonci.ca, your go-to destination for finding answers to all your questions. Join our expert community today! Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

SOMEONE HELP ME PLEASE
Which sentence describes a cooperative organization?

Cohen and his friends work in a cooperative organization.
They own and control the functions of the organization.
Their sole motive is to gain profit.
They can trade their stocks in the financial market.

Sagot :

vaduz

The statement "They own and control the functions of the organization" best describes a cooperative organization.

A cooperative is when two or more people come together to form an organization or form a business that is democratically run and managed by them alone. This means that it is a united effort by the individuals involved to run a business.

  • Cooperatives may vary according to the needs and wants of the individuals. But at the same time, the rules and other policies can also be changed to suit the need of the members.
  • Cooperatives represent a much better form of unity and accomplishments, especially for lesser known individuals or less powerful members of the society.
  • Such individuals may be farmers, workers, individual producers, etc. who would unitedly work to accomplish common goals and beliefs.
  • Thus, the correct answer is the second option.

A cooperative organization, in short, can be best stated as the unified union or gathering of various individuals with different expertise or dreams with the aim to achieve success. They share the responsibilities among themselves and also control the functions of the organizations equally.

Learn more about cooperative work here:

brainly.com/question/9215587

View image vaduz

'Cooperative Organization' is characterized as the 'organization that is either partially or wholly owned and regulated by its employees, customers, or tenants.'

The sentence that appropriately describes such an organization would be:

B). They own and control the functions of the organization.

In a cooperative organization,

  • The people willingly come forward to accomplish their common needs including various economic, communal, and cultural needs.
  • To serve these purposes, these people collectively own an enterprise/company whose goods and services are used by them only.
  • Each member carries equal power and rights in such an organization
  • Agriculture, utilities, Insurance, Healthcare, etc. are some of the illustrations of such organizations.

Learn more about 'Cooperative organization' here:

brainly.com/question/11255333

We hope this information was helpful. Feel free to return anytime for more answers to your questions and concerns. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.