Question

Duties and responsibilities of the directors of a cooperative

Answer 1

Explanation:

A board of directors in a cooperative functions as a policy-making body when it comes to big-picture issues such as financial responsibility, equal employment opportunity issues, compliance with applicable legal guidelines and the co-op's business dealings with its own members.

Answer 2

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ASSALAMUALAIKUM

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✒ Simply stated, the main purpose of a cooperative board of directors is to set grand strategic goals and develop an overarching vision for the organization. The board of directors bears the responsibility for moving the organization in a productive direction, as defined by the cooperative's strategic goals.

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