https://padlet.com/fishboy21/4ksub0g5fjdc By Rui and Timothys en-us 2016-02-08 15:03:18 UTC 2025-11-06 19:06:18 UTC hello@padlet.com https://padlet-assets.storage.googleapis.com/portrait/earth.jpg 517299 https://padlet.com/fishboy21/4ksub0g5fjdc/wish/93819565 2016-02-08 15:38:44 UTC https://padlet.com/fishboy21/4ksub0g5fjdc/wish/93819565 517299 https://padlet.com/fishboy21/4ksub0g5fjdc/wish/93819739 2016-02-08 15:39:15 UTC https://padlet.com/fishboy21/4ksub0g5fjdc/wish/93819739 517299 https://padlet.com/fishboy21/4ksub0g5fjdc/wish/93819919
Equal votes- All shareholders have an equal vote at general meetings regardless of their shareholding or  amount of involvement in the cooperative.

Lower debt risk-Shareholders, directors, managers and employees have no responsibility for debts of the cooperative unless those debts are caused recklessly, negligently or fraudulently.

Age of members-Members, other than directors, can be under 18, though these members cannot stand for office and do not have the right to vote.

More control- A cooperative is member owned and controlled, rather than controlled by investors.

Share the load-All members and shareholders have to be active in the co-operative.]]> 2016-02-08 15:39:47 UTC https://padlet.com/fishboy21/4ksub0g5fjdc/wish/93819919 517299 https://padlet.com/fishboy21/4ksub0g5fjdc/wish/93820054 number of members-there must be a minimum of 5 members

Limited profit distribution- limited distribution of surplus profits to members or some co-operation prohibit all surplus profit distribution


Difficulty attracting members- it is difficult to attract potential shareholders whose primary concerns are financial returns


One vote only- some shareholders may have a greater involvement or investment than others, they still only get one vote.


Ongoing educational requirements-Cooperatives require ongoing cooperative education programs for members.]]> 2016-02-08 15:40:12 UTC https://padlet.com/fishboy21/4ksub0g5fjdc/wish/93820054 517299 https://padlet.com/fishboy21/4ksub0g5fjdc/wish/93828652 -  is a group of people acting together to meet common needs and aspirations of members, sharing ownership and making decisions democratically 
- not all about making profit but creating values with customers 
- share same values and principles
Examples: Environment, animal rights, fair trade
- do business while not worrying 
- Many types: Housing, building, retailer, utility, worker, credit unions, social, consumer, agricultural, and political 
- members are expected to participate and share responsibilities of running the organization


]]> 2016-02-08 16:04:25 UTC https://padlet.com/fishboy21/4ksub0g5fjdc/wish/93828652 https://padlet.com/fishboy21/4ksub0g5fjdc/wish/93939019 2016-02-08 23:17:48 UTC https://padlet.com/fishboy21/4ksub0g5fjdc/wish/93939019 https://padlet.com/fishboy21/4ksub0g5fjdc/wish/93940008 MEC is a mountain equipment retail company that provides outdoor wear to both men, woman, and kids. They have one goal: Striving to make products that will have the least impact on the environment. They focus on three areas, which include people, planet and product sustainability. 

PEOPLE 
- MEC respects and values the rights of workers in all countries, and support fair and safe workplace conditions 

PLANET 
- MEC finds efficient and innovative ways to lighten the harmful impact on the planet and the environment 

SUSTAINABILITY 
- When creating new products, they put sustainability into consideration for all their products. This is done by finding new, innovative materials that will have the least impact ]]> 2016-02-08 23:27:06 UTC https://padlet.com/fishboy21/4ksub0g5fjdc/wish/93940008