Senior high school

 
 
 

---

7
NegOr_Q4_UCSP11_Module7_v2 
 
As to Function: 
Cooperatives 
Trade Unions 
Provide maximum economic benefits to its 
members 
Teach people efficient and effective ways of 
doing things in a cooperative manner 
Propagate cooperative practices and new 
ideas in business and management, and 
allow lower income groups to expand their 
ownership of wealth 
Negotiate or discuss with the management 
the issues that affect the organization’s 
workers 
Represent individual members when they 
have a problem at work 
Provide information and advice to its 
members about work-issues and concerns 
 
 
Cooperatives and Trade Unions as Means of Promoting Self-help Towards 
Economic Development 
Cooperatives are self-help organizations presently utilized by the government as 
more efficient tools for economic development. These are also business enterprises which 
affiliates own, manage, and control following accepted democratic principles. Members are 
not organized primarily for profit nor to serve other persons, but to address the needs of their 
members. Memberships in cooperatives are voluntary and open to all those who need their 
services. Members share economic benefits from unions in proportion to the individual 
member's patronage of the business or enterprise. 
Trade unions are always fighting for better wages by improving employees pay and 
other benefits such as holiday entitlements. 
Functions: 
• Secure improvements in employees' working conditions, including hours of work, 
health or safety at work, improving pensions, and industry injury benefits. 
• Provide improved standards of living. 
• Safeguard the interest of workers by encouraging firms to increase employee