Page 19 - BUSINESS STUDIES FORM 5

Student's Book Form Five

(b) Use any method to have students present their answers, and
provide a general overview based on their presentation.

Possible answers
Some of the benefits of co-operatives to their members and community
FOR ONLINE READING ONLY
in general are as follows:
(a) Employment opportunities;
(b) Improve the standard of living;
(c) Improve social welfare; and
(d) Provide credits to the members.

Possible answers for Exercise 2.5
1. The differences between co-operatives and joint ventures are
explained in the student’s textbook.
2. Types of co-operatives are categorised according to
membership registration and the services they provide. The
two categories and their examples are further explained in the
student’s textbook.

3. Co-operatives significantly contribute to the welfare of their
members by improving their standard of living, and offering
reasonable prices and high-quality products.

Skills lab activity

Guide the students in manageable groups to suggest the means to
re-establish and sustain their business operations.
Build
Students to think-ink-pair-share on the businesses that were
established in their locality and failed to continue operating.

Practice
Students in manageable groups discuss how they can help the
businesses to re-establish and sustain their operations.

13 Business Studies for Advanced Secondary Schools

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