Anonymous
Aug 7
Discuss the 7 principles of cooperative?
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ChatGPT
Aug 7
The 7 principles of cooperatives are a set of guidelines that help to define and guide the operation of cooperative businesses. These principles were established by the International Cooperative Alliance (ICA) and are as follows:
1. Voluntary and Open Membership: Cooperatives are open to all who are willing to accept the responsibilities of membership, regardless of race, religion, gender, or social status.
2. Democratic Member Control: Cooperatives are controlled by their members, who actively participate in decision-making processes and have equal voting rights.
3. Member Economic Participation: Members contribute equitably to the capital of the cooperative and democratically control the allocation of surpluses or profits.
4. Autonomy and Independence: Cooperatives are autonomous, self-help organizations controlled by their members. They may enter into agreements with other organizations, but maintain their independence.
5. Education, Training, and Information: Cooperatives provide education and training for their members, employees, and the public in order to promote the development of cooperatives.
6. Cooperation among Cooperatives: Cooperatives work together to strengthen the cooperative movement and support each other in achieving common goals.
7. Concern for Community: Cooperatives work for the sustainable development of their communities through policies and programs that benefit the community as a whole.
These principles serve as a foundation for the cooperative business model, emphasizing the importance of democratic decision-making, member participation, and community development. By adhering to these principles, cooperatives can effectively operate in a way that benefits both their members and the broader community.
1. Voluntary and Open Membership: Cooperatives are open to all who are willing to accept the responsibilities of membership, regardless of race, religion, gender, or social status.
2. Democratic Member Control: Cooperatives are controlled by their members, who actively participate in decision-making processes and have equal voting rights.
3. Member Economic Participation: Members contribute equitably to the capital of the cooperative and democratically control the allocation of surpluses or profits.
4. Autonomy and Independence: Cooperatives are autonomous, self-help organizations controlled by their members. They may enter into agreements with other organizations, but maintain their independence.
5. Education, Training, and Information: Cooperatives provide education and training for their members, employees, and the public in order to promote the development of cooperatives.
6. Cooperation among Cooperatives: Cooperatives work together to strengthen the cooperative movement and support each other in achieving common goals.
7. Concern for Community: Cooperatives work for the sustainable development of their communities through policies and programs that benefit the community as a whole.
These principles serve as a foundation for the cooperative business model, emphasizing the importance of democratic decision-making, member participation, and community development. By adhering to these principles, cooperatives can effectively operate in a way that benefits both their members and the broader community.
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Google Gemini AI
Aug 7
The 7 Principles of Cooperatives
1. Voluntary and Open Membership: Cooperatives are open to all people who can use their services and are willing to share responsibility. Membership is voluntary and is not restricted by gender, race, social class, political or religious beliefs, or economic status.
2. Democratic Member Control: Cooperatives are controlled by their members, who actively participate in setting policies and making decisions. Members have equal voting rights, regardless of the amount of capital they have invested.
3. Member Economic Participation: Members contribute equitably to the capital of their cooperative and share in the profits. They may also receive non-monetary benefits, such as access to services or training.
4. Autonomy and Independence: Cooperatives are autonomous, self-help organizations controlled by their members. They are not subject to external interference from government or other organizations.
5. Education, Training, and Information: Cooperatives provide education and training to their members, elected representatives, managers, and employees, so they can contribute effectively to the cooperative's development.
6. Cooperation Among Cooperatives: Cooperatives work together at local, national, regional, and international levels to strengthen the cooperative movement and achieve common goals.
7. Concern for Community: Cooperatives operate in a way that promotes the economic and social well-being of their communities. They may support local businesses, invest in community development projects, or provide social services.
1. Voluntary and Open Membership: Cooperatives are open to all people who can use their services and are willing to share responsibility. Membership is voluntary and is not restricted by gender, race, social class, political or religious beliefs, or economic status.
2. Democratic Member Control: Cooperatives are controlled by their members, who actively participate in setting policies and making decisions. Members have equal voting rights, regardless of the amount of capital they have invested.
3. Member Economic Participation: Members contribute equitably to the capital of their cooperative and share in the profits. They may also receive non-monetary benefits, such as access to services or training.
4. Autonomy and Independence: Cooperatives are autonomous, self-help organizations controlled by their members. They are not subject to external interference from government or other organizations.
5. Education, Training, and Information: Cooperatives provide education and training to their members, elected representatives, managers, and employees, so they can contribute effectively to the cooperative's development.
6. Cooperation Among Cooperatives: Cooperatives work together at local, national, regional, and international levels to strengthen the cooperative movement and achieve common goals.
7. Concern for Community: Cooperatives operate in a way that promotes the economic and social well-being of their communities. They may support local businesses, invest in community development projects, or provide social services.
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