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Discuss the merits of cooperative form of organisation.

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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

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.

Write short notes on the following:

Features of a co-operative societies


Co‐operative society and Joint Hindu family firm.


State with reasons whether the following statements are True or False

Co-operative soc iety differs from.other forms of commercial orge1nisations.


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


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.


State with reasons whether the following statement true or false.

The membership of a co-operative society is voluntary.


State with reasons whether the following statement true or false.

Co-operative society differs from other forms of commercial organizations.


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


Discuss the limitations of cooperative form of organisation.


Describe briefly different types of cooperative societies.


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