Understanding Business
11th Edition
ISBN: 9780078023163
Author: William G Nickels, James McHugh, Susan McHugh
Publisher: McGraw-Hill Education
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Question
Chapter 5.6, Problem 11TP
Summary Introduction
To determine: The meaning of cooperatives.
Introduction: When several people pool their resources to work together and have mutual interest and gains and such business is owned and operated by the user of the business, it is known as cooperative.
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Check out a sample textbook solutionStudents have asked these similar questions
Why are not-for-profit organizations different from most businesses? Are there any similarities between a goods-producing business and a not-for-profit organization?
Can you tell me anything about retail cooperatives versus voluntary chains?
Among the three types :
Sole Proprietorship
Partnership
Corporation
What is the best type of business organization?
Chapter 5 Solutions
Understanding Business
Ch. 5.1 - Prob. 5.1AQCh. 5.1 - Prob. 5.1BQCh. 5.1 - Prob. 1TPCh. 5.1 - Prob. 2TPCh. 5.2 - Prob. 5.2AQCh. 5.2 - Prob. 1MEDCh. 5.2 - Prob. 3TPCh. 5.2 - Prob. 4TPCh. 5.3 - Prob. 5.3AQCh. 5.3 - Prob. 5.3BQ
Ch. 5.3 - Prob. 5TPCh. 5.3 - Prob. 6TPCh. 5.3 - Prob. 7TPCh. 5.3 - Prob. 8TPCh. 5.4 - Prob. 5.4AQCh. 5.5 - Prob. 5.5AQCh. 5.5 - Prob. 5.5BQCh. 5.5 - Prob. 5.5CQCh. 5.6 - Prob. 9TPCh. 5.6 - Prob. 10TPCh. 5.6 - Prob. 11TPCh. 5 - Prob. 1CTCh. 5 - Prob. 2CTCh. 5 - Prob. 3CTCh. 5 - Prob. 4CTCh. 5 - Prob. 1DWSCh. 5 - Prob. 2DWSCh. 5 - Prob. 3DWSCh. 5 - Prob. 4DWSCh. 5 - Prob. 5DWSCh. 5 - Prob. 1TITCh. 5 - Prob. 2TITCh. 5 - Prob. 1VCCh. 5 - Prob. 2VCCh. 5 - Prob. 3VC
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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.Similar questions
- What advantages does the corporate form of organization have over sole proprietorships or partnerships?arrow_forwardChoose one way that a not-for-profit organization can grow where collaboration, partnership, or mergerarrow_forwardWhat are the main characteristics, advantages, and disadvantages of this form of business organization?arrow_forward
- Your task is to decide how these factors would be either a cost or benefit in each of the three types of organizations. Their level of expertise starting and managing a business: Sole Proprietor Partnership Partnershiparrow_forwardWhat is meant by sole proprietorships?arrow_forwardDiscuss three advantages and three disadvantages of partnership organizationsarrow_forward
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