🤲 Cooperatives
- Owned and run by members
- One member, one vote (democratic control)
- Profits shared among members
- Often focus on community benefit
IB Business Management • Unit 1
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Examiners use specific command terms when asking about this topic. Here's what to expect:
Give the precise meaning of key terms related to Cooperatives.
AO1Give a detailed account of processes or features in Cooperatives.
AO2Give reasons WHY — cause and effect within Cooperatives.
AO3Weigh strengths AND limitations of approaches in Cooperatives.
AO3Present arguments FOR and AGAINST with a balanced conclusion.
AO3See the full IB Command Terms guide →
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