Define the term governance and state the importance of cooperative governance?

    

Question: Define the term governance and state the importance of cooperative governance? 

Governance is the process of making and implementing decisions by a group of people or an organization. It involves setting goals, rules, policies, and procedures that guide the actions and interactions of the members. Cooperative governance is a form of governance that emphasizes collaboration, participation, and consensus among the stakeholders. It aims to achieve shared outcomes that benefit all parties involved. Cooperative governance can foster trust, accountability, and innovation in various domains such as business, education, health, and environment.

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