BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

PRINCIPLES AND PRACTICE OF MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
involving mutual assistance in working toward a common goal.
A
cooperative
B
corporation
C
partnership
Explanation: 

Detailed explanation-1: -Cooperative simply put means mutual assistance in working toward a common goal, and willingness to help. Common words associated with cooperative are collaborative, collective, common, shared, joint, united and coordinated-as in “a cooperative effort.”

Detailed explanation-2: -co·op·er·a·tive Involving mutual assistance in working toward a common goal. An enterprise or organization owned by and operated for the benefit of those using its services.

Detailed explanation-3: -Literally, Cooperation means ‘joint work’ or ‘working’ together’ for a common goal’. Cooperation is important because it allows people and groups to work together to achieve a common goal or derive mutual benefits.

Detailed explanation-4: -Collaboration is when a group of people come together and work on a project in support of a shared objective, outcome, or mission.

Detailed explanation-5: -MUTUAL COOPERATION means cooperation and voluntary provision of resources, services, and facilities, particularly among neighboring regional, zonal and woreda administrations to assist each other when existing resources prove to be inadequate and there is a need for additional support. Sample 1. MUTUAL COOPERATION .

There is 1 question to complete.