Econ 332, S’09

Cooperatives

Exam #1

Study Guide

Date: R March 5

Format:

30 MC/TF (2 pts. ea., 60% total)

8 Short answer/discussion (5 pts. ea., 40% total)

% of Course Grade:

Option B (30%)

Option A (25%)

Material:

Lectures thru T Mar 3

Units 1 and 2

Class guest Mar. 3

Hints:

1. “Good” decisions by boards.

2. Co-op principles.

3. Co-op terms (e.g. patron, patronage refund, federated)

4. Who makes what decisions in co-ops?

5. Pricing issues/options for co-ops.

6. Co-op objectives.

7. Voting alternatives in decision making.

8. Board of director issues.

9. Starting a co-op.

10. Case study evaluation criteria.

11. West Central Co-op.

12. Quotes/Thoughts on Decision Making.