ACCA · Question 05 · Syllabus A: The business organisation and its external environment
Section A
GreenYield is an agricultural organization owned entirely by the farmers who supply raw produce to it. The organization processes the produce and shares the profits back to the farmers based on the volume of produce they supplied, rather than capital invested. What type of organization is GreenYield?
Answer options:
A mutual society
A cooperative
A non-governmental organization (NGO)
A public limited company
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