Answer to Question #184007 in Economics for Rearabetswe Maleka

Question

This form of enterprise strives to achieve certain economic advantages for their members through 

joint action on behalf of members. The members manage the enterprise democratically, and 

specific values must be maintained for it to subsist. Which one of the following describes the above 

scenario? 

1 The business trust

2 Sole proprietorship

3 Co-operative societies

4 Partnership

Answer 1

3 Co-operative societies