A Form of Economic Group Where Surpluses Are Shared Among

question 1

Multiple Choice

A form of economic group where surpluses are shared among members and decision-making follows the democratic principle of one person,one vote

• A)commune
• B)cult
• C)collective
• D)cooperative
• E)corporation

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Definitions:

Directors

Individuals elected by shareholders to a company's board, responsible for making major decisions and overseeing management.

Marshaling Resources

The act of gathering, organizing, and deploying resources (human, financial, material) effectively to achieve specific objectives.

Bootstrapping

A self-funding approach where entrepreneurs start and grow their businesses using personal finances or the operating revenues of the new company.

Random Activities

Activities that occur without a definite aim, reason, or pattern.