Ben is the owner of a small mushroom farm in Ontario. Ben would like to join with other growers to create an organization that will promote and distribute mushrooms. The form of ownership that would be most suited for the growers is the ______.
A) cooperative
B) government-owned collective
C) open corporation
D) joint venture

Question

Quizplus · Accepted Answer

A cooperative is an organization owned and operated by a group of individuals for their mutual benefit. In this case, Ben and other mushroom growers can form a cooperative to promote and distribute mushrooms collectively, which will result in better bargaining power and economies of scale. A cooperative is the most suitable form of ownership for this purpose. The other options, such as government-owned collective, open corporation, or joint venture, aren't well-suited for this specific purpose.

Ben Is the Owner of a Small Mushroom Farm in Ontario