PLEASE ANSWER !!! IM CONFUSED !!

Local craftsmen form a voluntary association, pooling resources and engaging in other cooperative behaviors to increase sales of their products. This scenario is an example of a(1 point)

a.) consumer cooperative.

b.) franchise.

c.) producer cooperative.

d.) service cooperative.

Question

20-10-2021
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PLEASE ANSWER !!! IM CONFUSED !!

Local craftsmen form a voluntary association, pooling resources and engaging in other cooperative behaviors to increase sales of their products. This scenario is an example of a(1 point)

a.) consumer cooperative.

b.) franchise.

c.) producer cooperative.

d.) service cooperative.

Respuesta :

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Tundexi Tundexi · Answer 1 · 2021-10-22T15:21:02+02:00

This scenario involving the Local craftsmen is an example of service cooperative

Producer cooperatives refers to cooperatives owned by people who produce similar types of goods or services e.g. farmers, producers of goods, small businesses etc

The members of the producer cooperatives use the group to more effectively negotiate prices and to access larger markets.

From the explanation, we will deduce that the Local craftsmen also practiced producer cooperative because they were engaging in cooperative behaviors in order to increase sales of their products

Therefore, in conclusion, the answer is Option C.

Learn more about Producer cooperatives here

https://brainly.com/question/9902152

themystriouschick1 themystriouschick1 · Answer 2 · 2021-10-27T02:18:26+02:00

Answer:

1. Nonprofit organizations differ from for-profit businesses in that

-nonprofit organizations retain profit rather than distribute it to shareholders.

2. Local craftsmen form a voluntary association, pooling resources and engaging in other cooperative behaviors to increase sales of their products. This scenario is an example of a

-producer cooperative.

3. Which of the following could be classified as a franchise?

-one of several hair salons owned and operated by individuals but licensed and supported by a single entity

4. A car washing company has developed a successful business model with effective pricing and marketing. To leverage this success, the company plans to sell licenses to potential business owners, giving them permission to use the name, product, and prices of the car washing company at different locations. In this scenario, the car washing company is

- a franchisor.

5. A nonprofit organization with 501(c)(3) designation differs from other nonprofits in that the 501(c)(3) nonprofit organization

-enjoys local, state, and federal tax exemptions.

Explanation:

100% Right

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