What is the structure of cooperative?

The structure of a cooperative typically consists of members who collectively own and govern the organization, often following a democratic model where each member has a vote in decision-making. Cooperatives are usually managed by a board of directors elected by the members, and they operate based on principles such as voluntary membership, democratic member control, and member economic participation. Profits are often distributed among members based on their contributions or usage of the cooperative's services. Overall, the cooperative structure emphasizes collaboration and shared benefit among its members.