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Quiz
5 - The Cooperative Business Team: Members and Directors - Policy and
Control
Name
___________________________________________ Date _______________
1. List the
three overall responsibilities of a member in a cooperative.
a)
____________________________________________________________________________
b)
____________________________________________________________________________
c)
____________________________________________________________________________
2. Write YES
in front of five member responsibilities in a cooperative.
_____ a) Understand the
cooperative
_____ b) Staff the cooperative
_____ c) Select and evaluate directors
_____ d) Help obtain new members
_____ e) Report to the board of directors
_____ f) Adopt legal papers
_____ g) Carry out employee performance evaluations
_____ h) Provide necessary financial capital
3. In the
following list, write YES in front of statements that describe
responsibilities of cooperative directors.
(Hint: There should be six responses
identified as 'Yes'.)
_____ a) Adopt
long-range/strategic plans
_____ b) Staff the cooperative
_____ c) Approve distribution of equities
_____ d) Direct the day-to-day business activities
_____ e) Employ a competent manager
_____ f) Appoint an outside auditing firm
_____ g) Carry out performance evaluations of employees
_____ h) Decide on the distribution of the cooperative's net earnings
_____ i) Require that accurate accounts
and records be kept
_____ j) Decide on what employees will be used to carry out cooperative
strategic plans
4. True/False:
write true or false in front of each statement.
_____ 1. Members approve
or hire all cooperative employees.
_____ 2. The board chair is elected by the members.
_____ 3. All members in good standing may vote in director selection.
_____ 4. Directors hire all cooperative employees.
_____ 5. The board chair is elected by the directors.
_____ 6. All co-op directors are co-op members.
_____ 7. All problems have only one correct solution.
_____ 8. A good director will support the cooperative with all of
their business.
_____ 9. A strong political affiliation is important for a director.
_____ 10. Any member in good standing could be elected as a director.
5.
Write three sentences stating what you, as a
cooperative director, would be responsible for.
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
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