AQA GCSE Design and Technology · 8552
Paper 1
Revise: EnterpriseA co-operative is jointly owned and democratically controlled by its members. Members come together to meet common needs or goals and may be workers, customers or producers.
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GCSE Design and Technology · key term
A business jointly owned and democratically controlled by members who share common needs or goals.
Used by AQA
Paper 1
Revise: EnterpriseA co-operative is jointly owned and democratically controlled by its members. Members come together to meet common needs or goals and may be workers, customers or producers.
Equal voting rights in a co-operative do not mean that every member must receive an identical share of the profits.
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