Advertisements
Advertisements
प्रश्न
Discuss the characteristics of cooperative form of organisation.
Advertisements
उत्तर
The word ‘cooperative’ means an organisation in which the stakeholders work with one another. Thus, a cooperative society is a voluntary association of individuals who join together to protect or promote their common interests.
Features of Cooperative Societies
(a) Separate legal entity: The registration of a cooperative society is compulsory under the Cooperative Societies Act, 1912. Once the registration is complete, the cooperative society is granted the status of a separate legal entity. This implies that the cooperative society can hold properties in its own name and enter into contracts. Moreover, it can sue others and can be sued by others.
(b) Management and control: A cooperative society is a democratic form of organisation as it is managed and controlled by a managing committee which is elected by the members of the society on the principle of ‘one member, one vote’.
APPEARS IN
संबंधित प्रश्न
Distinguish between the following:
Cooperative society and Partnership firm
State the Types of co-operative society
Match the correct pairs:
| Group ‘A’ | Group ‘B’ |
| (a) Co - operative Society | (1) The father of Modern Management |
| (b) ‘e’ Business | (2) President of national commission |
| (c) District Judge | (3) Not directly related to human beings. |
| (d) F.W. Taylor | (4) Outsourcing |
| (e) Staffing | (5) One share one vote |
| (6) President of District forum | |
| (7) Father of Scientific Management | |
| (8)Electronic Business | |
| (9) Right people to right jobs. | |
| (10) One member one vote. |
Define Co-operative Society ?
Merits and Demerits of Co-operative Society?
Write short notes on the following:
Features of a co-operative societies
Match the correct pairs:
| Group “A” | Group “B” | ||
| 1 | Co‐operative society | a | Manager |
| 2 | F.W. Taylor | b | 12 hours service |
| 3 | Directing function | c | One member one vote |
| 4 | A.T.M. | d | Government owned |
| 5 | Rail transport | e | Father of scientific management |
| f | 24 hour service | ||
| g | Owned by private companies | ||
| h | Father of modern management | ||
| i | Maximum business secrecy | ||
| j | Worker |
Distinguish between the following
(1) Co-operative society and Joint stock company.
State with reasons whether the following statements are True or False
Co-operative soc iety differs from.other forms of commercial orge1nisations.
Co-operative society and Joint stock company.
Select the proper option from the options given below and rewrite the completed sentence.
The Maharashtra State co-operative societies Act was came in force in ________.
Write a word or a phrase or a term which can substitute the following.
The business organization which has minimum ten members.
Write short note on the following.
Merits of Co-operative society.
State with reasons whether the following statement true or false.
The membership of a co-operative society is voluntary.
Explain the Types of Co-operative Society?
How does a cooperative society exemplify democracy and secularism? Explain.
Describe briefly different types of cooperative societies.
