The business unit that applies the principle of one man one vote is?

Assessment: WAEC SSCE - Commerce - 2016 (Objective) Subject: Commerce

Question 1 Report

The business unit that  applies the principle of one man one vote is?

Answer Details
The business unit that applies the principle of one man one vote is a cooperative society. In a cooperative society, every member has equal voting rights, regardless of their level of investment or ownership stake in the business. This means that each member, regardless of the number of shares or their financial contribution to the cooperative, has an equal say in the decision-making process. The one man one vote principle is a key feature of the democratic nature of cooperative societies, which are typically run for the benefit of their members.

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