QUESTION 11

More than 50% of small cooperatives have the following number of directors serving on the board

1. 5 or less
2. 6-9
3. 10-15
4. more than 15

6 points

QUESTION 12

In cooperatives, the following groups have management responsibilities

1. Members
2. Board of directors
3. Managers
4. All of the above

6 points

QUESTION 13

One of the most important decisions that a board will ever make is selection of

1. Employees
2. Managers
3. Members
4. Staff

6 points

QUESTION 14

Responsibilities of boards of directors are all BUT

1. daily operations
2. representation
3. safeguarding member investments
4. governance

6 points

QUESTION 15

The directors of a cooperative board are elected by the

1. employees
2. members
3. outside counselors
4. managers