Question:

According to International Cooperative Alliance, which of the below is not considered under seven cooperative principles.

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Remember the acronym V-D-M-A-E-C-C to recall the cooperative principles:
Voluntary, Democratic, Member Economic, Autonomy, Education, Cooperation, and Community.
  • Democratic member Control
  • Autonomy and Independence
  • Concern for Community
  • Concern for Quality
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The Correct Option is D

Solution and Explanation

Step 1: Understanding the Concept:
The International Cooperative Alliance (ICA) is a non-governmental organization.
It represents cooperatives and the cooperative movement worldwide.
The ICA defines seven fundamental principles that guide cooperative values.
Detailed Explanation:
The Seven Cooperative Principles established by the Rochdale Pioneers and maintained by the ICA are:
1. Voluntary and Open Membership
2. Democratic Member Control
3. Member Economic Participation
4. Autonomy and Independence
5. Education, Training, and Information
6. Cooperation among Cooperatives
7. Concern for Community
Let us cross-reference these with the options:
- "Democratic member Control" is Principle 2.
- "Autonomy and Independence" is Principle 4.
- "Concern for Community" is Principle 7.
- "Concern for Quality" is not a formally listed principle.
While quality is valued, it is not part of the seven guiding cooperative principles.

Step 2: Final Answer:

"Concern for Quality" is not considered under the seven cooperative principles of the ICA.
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