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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

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.

Merits and Demerits of Co-operative Society?


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.


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


Select the proper option from the options given below and rewrite the completed sentence.

The Co-operative societies act was passed in the year ____________


One member one vote' is the principle of _________ organisation.


Co-operative society and Joint stock company.


(1) Minimum ................ members are required for the formation of a co-operative society.


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 ________.


Write short note on the following.
Merits of Co-operative society.


State with reasons whether the following statement true or false.

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


State with reasons whether the following statement true or false.

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


Distinguish between: Co-operative Society and Joint Stock Company


How does a cooperative society exemplify democracy and secularism? Explain.


Discuss the characteristics of cooperative form of organisation.


Describe briefly different types of cooperative societies.


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