Mr.Gonzales wants to help fellow farmers in his community,but he is not interested in making a personal profit.His main goal is to join with other farmers so they can have better bargaining power when purchasing supplies.Which of the following business types will Mr.Gonzales MOST likely form?

Question

Quizplus · Accepted Answer

Mr. Gonzales' goal of joining with other farmers to have better bargaining power is best suited for a cooperative business type. In a cooperative, members pool resources and make decisions democratically, with the goal of improving their economic or social status. It is also a not-for-profit entity, which aligns with Mr. Gonzales' goal of helping his fellow farmers without making a personal profit.

MrGonzales Wants to Help Fellow Farmers in His Community,but He