Cooperative Management

PRELIM Examination

General Instructions:
You have 1 hour to take the exam. The exam has 4 parts ( true or false, identification, enumeration and
essay) with a total 50 points. All answers must be written on the test booklet. Read and follow instructions
carefully. Any form of erasures are considered wrong. CHEAT AT YOUR OWN RISK.

I. True or False. Write CM if the statement is TRUE and write WL if the statement is FALSE. (10 points)
1. During primitive times, it maximizes the risk of illness, injuries, and hunger if they live in larger groups.
2. Industrial Revolution started at the end of 18th century in Switzerland.
3. During medieval times, they formed associations to protect their interest and welfare in trading.
4. Establishing Samahang Nayon tends to eliminate to factors which led to the downfall of the cooperatives in
the past.
5. The primary goal of Samahang Nayon is to improve the quality of life of the barrio people.
6. The membership of Samahang Nayon is limited to all the farmers who reside or farm in the barrio.
7. Through Samahang Nayon, the barrio folks can develop a new outlook in life.
8. To become a member of Samahang Nayon, he/she must complete the prescribe share of capital.
9. One of the functions of Samahang Nayon is to help the farmers build capital and to help them save.
10. Fifteen board of directors are elected by the general assembly.

II. Identification. Identify the word/s that correspond to the statements. (20 points)
1. He is the Father of Credit Cooperative.
2. He was one of the remarkable men during industrial revolution that dedicated his life and wealth to the cause
of the poor.
3. It is the most important island that Minos conquered during the Trojan War.
4. The number of flannel weavers of Rochdale who agreed to contribute two pence a week.
5. It is a formal grouping of farmers who are residing and/or farming within the territorial boundaries of a
barrio.
6. He was the mayor in Western Germany who witnessed the oppression of the poor farmers.
7. It was the association formed by the Greeks during 300 B.C.
8. It is the guild that involves artisan who manufactures commodities.
9. This officer of Samahang Nayon is selected through election or appointment by the Board. He keeps the
minutes of the meeting.
10. He is appointed by the Board to prepare the annual budget.

III. Enumeration. (10 points)

1-3 Guilds during Medieval times cooperation
4-6 Characteristics of Samahang Nayon
7-8 specific objectives of Samahang Nayon
9-10 Committees of Samahang Nayon
IV. Essay. Make your answers brief and concise. (10 points)
1. In your own opinion, what is/are the reason/s why early cooperation failed? And what is its difference with
the cooperatives nowadays.