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Discuss the merits of cooperative form of organisation. - Business Studies

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प्रश्न

Discuss the merits of cooperative form of organisation.

संक्षेप में उत्तर
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उत्तर

Merits of Cooperative Societies

(a) Ease of formation: The formation of a cooperative society is quite easy as it requires the induction of only 10 adult members. The registration procedure of a society under the Cooperative Societies Act, 1912, is quite simple.

(b) Continued existence: A cooperative society is a stable form of organisation as it enjoys the status of a separate legal entity that is considered distinct from its members. As a result, the life of a cooperative society remains unaffected by the death, insolvency or insanity of its members.

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अध्याय 2: Forms of Business Organisation - Long Answer Questions [पृष्ठ ५६]

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एनसीईआरटी Business Studies [English] Class 11
अध्याय 2 Forms of Business Organisation
Long Answer Questions | Q 4.2 | पृष्ठ ५६

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संबंधित प्रश्न

State the Types of 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

 


State with reasons, whether the following statement is True or False:

Maximisation of profit is the object of a co‐operative society.


Distinguish between the following 
(1) Co-operative society and Joint stock company.


Write short answer of the following.
State the features of co-operative society


State with reasons whether the following statements are True or False. 

Maximization of profit is the main motto of co-operative society.


State Whether the Following Statement Are True Or False (Give Reason)

The main purpose of a cooperative organization is to earn profit.


Select the proper option from the options given below and rewrite the completed sentence.
The minimum of members allowed in a co-operative society is ________.


State with reasons whether the following statement true or false.

The membership of a co-operative society is voluntary.


Write short answer of the following.
State the merits of co-operative societies.


Long answer type question.
Define Co-operative society. Explain its merits and demerits.


Distinguish between: Co-operative Society and Joint Stock Company


Explain the Types of Co-operative Society?


State Whether the Following Statement Are True Or False (Give Reason)

Profit maximization is the motto or object of Co-operative Organisations.


Discuss the characteristics of cooperative form of organisation.


Discuss the limitations of cooperative form of organisation.


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