Which of the following people would be most interested in participating in a business organized as a cooperative?
A) Joe is intrigued by the idea of combining his time and resources with many other people to operate a business providing a good or service that they all will use.
B) Joan wants to be an owner of a business and share in its profits, but has no desire to take an active role in managing the company or participating in its daily operations.
C) Jeff wants to work for a government-owned business because he believes government ownership ensures a more equitable distribution of income and wealth.
D) Jennifer prefers to work for a charitable organization that emphasizes helping people who are less fortunate than she is.

Question

Quizplus · Accepted Answer

A cooperative is a business where individuals come together voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise. Joe's interest in combining his time and resources with others to operate a business aligns with the principles of a cooperative. Joan's preference to be an owner without active involvement does not necessarily align with the cooperative model, as members are expected to participate in decision-making and operations. Jeff's interest in government ownership does not pertain to cooperatives, which are private enterprises. Jennifer's preference for working in a charity also does not necessarily align with cooperatives, which operate as a business with the goal of providing a service or product for their members.

Which of the Following People Would Be Most Interested in Participating