Cooperative | cooperative
AutonomousassociationofpersonsororganizationsAcooperative(alsoknownasco-operative,co-op,orcoop)is"anautonomousassociationofpersonsunitedvoluntarilytomeettheircommoneconomic,social,andculturalneedsandaspirationsthroughajointly-ownedenterprise".[1]Cooperativesaredemocraticallyownedbytheirmembers,witheachmemberhavingonevoteinelectingtheboardofdirectors.Cooperativesmayinclude:businessesownedandmanagedbythepeoplewhousetheirservices(aconsumercooperative)organizationsmanagedbythepeoplewhoworkthere(...
Autonomous association of persons or organizations
A cooperative (also known as co-operative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned enterprise".[1] Cooperatives are democratically owned by their members, with each member having one vote in electing the board of directors. Cooperatives may include:
businesses owned and managed by the people who use their services (a consumer cooperative) organizations managed by the people who work there (worker cooperatives) multi-stakeholder or hybrid cooperatives that share ownership between different stakeholder groups. For example, care cooperatives where ownership is shared between both care-givers and receivers. Stakeholders might also include non-profits or investors. second- and third-tier cooperatives whose members are other cooperatives platform cooperatives that use a cooperatively owned...