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A cooperative (or co-op) is a business organization owned and operated by a group of people for their mutual benefit. Members share profits and make decisions collectively.
What else can I help you with?
Is Washington Mutual still in business or did it fail during the housing crash?
Washington Mutual is still in business although a lot of people are not happy with them or the way they do business. They have filed for bankruptcy but are still doing business.
This type of business organization has one or more individuals sharing in profits?
A partnership is a business where two or more people come together to start and run a business. Some of the attributes of this type of business is that two or more people share in the profits and losses.
What is the difference between an organisation and enterprise?
An organization is basically any collection of people, whether for profit or non profit. An enterprise is usually a business, for profit organization.
Can you Outline and explain the different types of business organisation in the business environment?
there are two mainly tyapes of bte business organization namely privately owned and public owned business. in private ownsd business organization are three tyapes namely solepropriator business organization this is one whicha is owned by an individual alone especially family business as an example then the second is partirnership business organization this is the one in which people with same concern join to make a business operation intending to earn profit and the last is joint stock company in this business operates distinctly from owners this means the business is operated under the three documents which are the constitution governing the business one article of association secondly memorandum.
What does SCORE mean in the business world?
SCORE is an organization that mentors America's small business owners and operators and can help people dreaming about starting their own small business or those looking to grow their businesses
What is a business organization owned by a froup of people for their mutual benefit?
A cooperative is a business organization owned and operated by a group of individuals for their mutual benefit. Members pool resources and make decisions cooperatively to achieve common goals and meet the needs of the group. They share in the profits and benefits according to their participation or investment.
Who would benefit from taking a strategic management class?
Many kinds of people can benefit from a strategic management class. For example, a business owner can benefit greatly. Managers and organization officers will also benefit.
What is coop?
Co-op means Co operations, also to multiplayer or game sources it means gamplay online or offline to people working together or against eachother.
Is Washington Mutual still in business or did it fail during the housing crash?
Washington Mutual is still in business although a lot of people are not happy with them or the way they do business. They have filed for bankruptcy but are still doing business.
What is an organization owned by many people?
An organization owned by many people is typically referred to as a cooperative or a mutual organization. In such entities, ownership is shared among members who contribute to and benefit from the organization’s activities, often emphasizing democratic decision-making. Examples include credit unions, agricultural co-ops, and worker cooperatives, where profits and responsibilities are distributed among the members. This structure fosters collaboration and aligns the interests of the owners with the goals of the organization.
Symbiosis in which both species benefit is?
Mutualism. It is when both species benefit from each other. you know how people in movies are like "I hate you" then the other person says "the feeling is mutual" Mutual means it is the same way. So that is how I like to remember it. Mutual means BOTH have the same feeling. So mutualism means they BOTH benefit from each other
What are the main components of the organization?
The main components of a companies business model are business commerce, business occupation and business organization. The results are goods, products and services that people value.
Describe an organization?
Basically an organization is a group of people who work together on something. (if your talking about business.)
What is a system of people who carry out the business of an organization called?
A bureaucracy
What is a system of the people who carry out the business of an organization called?
A bureaucracy
What is business communication?
Business communication is nothing but, the communication between the people in the organisation for the purpose of carrying out the business activities. It may be oral, verbal, written etc. A business can flourish when all the targets of the organization are achieved effectively. For efficiency in an organization all the people (within and outside) of the organization must be able to convey their message properly. The exchange of ideas, understanding, within and outside the organization to achieve the business goals is known as business communication.
Three dimensions to business problems?
The three dimensions to business problems are organization, technology, and people.
