|
Understanding
Cooperatives:
Unit 1 - The American Business Enterprise
System
Handout 1 –
Characteristics of American Business Structures
|
|
Individually
Owned
|
Partnership
|
Investor-owned Corporation
|
Cooperative Corporation
|
Limited Liability
Company
|
|
1. Who
owns?
|
|
|
|
|
|
|
2. Who uses services?
|
|
|
|
|
|
|
3. Who votes?
|
|
|
|
|
|
|
4. Who determines policy?
|
|
|
|
|
|
|
5. Who
determines policy?
|
|
|
|
|
|
|
6. Who manages?
|
|
|
|
|
|
|
7. Who gets profits?
|
|
|
|
|
|
|
8. Who finances?
|
|
|
|
|
|
|
9. What is the extent of owner’s risk?
|
|
|
|
|
|
|
10. Give an example
|
|
|
|
|
|
Rural Development USDA: Understanding
Cooperatives - Unit 1 [Back
to Unit 1]
|