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In coop governance, “who” is the body primarily entrusted by the members to oversee the operation and business of the cooperative?
Board of Directors
________ is about SYSTEM OF RULES, POLICIES, AND PROCESSES designed to CONTROL and DISTRIBUTE POWER within an organization.
Governance
How many principles in Good Governance?
5
Which good governance principle is being described? - "Privileges, benefits as well as risks are equally shared among members"
Fairness
Which good governance principle is being described?- The co-operative is audited regularly (both by internal and accredited external auditors by government)
Transparency
Which good governance principle is being described?- Serving with honor and dignity in the performance of their duty and responsibility
Integrity
____________ is the highest policy- making body of the cooperative. (Ultimate decision center)
General Assembly
The ______________ are responsible for directing and controlling the affairs of the cooperative making sure the cooperative is managed prudently.
Board of Directors
A __________ is responsible in "directing and aligning people" in a day-to-day business operation
Chief Executive Officer/General Manager
A manager should be ready with written management report, up-to date financial report , and other necessary information. (True of False)
True
What rules and procedures are being practiced in order to guide the conduct of meeting, establish order, & discipline? This will ensure that the strong leader will not abuse his/her authority.
Parliamentary Rules and Procedures
