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

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प्रश्न

Discuss the limitations of cooperative form of organisation.

थोडक्यात उत्तर
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उत्तर

Limitations of Cooperative Societies

(a) Excessive government control: Cooperative societies have to follow certain rules and regulations as imposed on them by the cooperative departments of the state government concerned. These rules include submission and auditing of accounts.

(b) Inefficiency in management: The management of a cooperative society generally comprises part-time or inexperienced people. They may not be well equipped with the skills required to handle the managerial functions effectively. Consequently, cooperative societies often lack efficiency.

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

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एनसीईआरटी Business Studies [English] Class 11
पाठ 2 Forms of Business Organisation
Long Answer Questions | Q 4.3 | पृष्ठ ५६

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संबंधित प्रश्‍न

Distinguish between the following:

Cooperative society and Partnership firm


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

 


Co‐operative society and Joint Hindu family firm.


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.


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

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


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

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


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


Select the proper option from the options given below and rewrite the completed sentence.
In a co-operative society the principle followed is ________.


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.

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


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


Distinguish between: Co-operative Society and Joint Stock Company


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

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


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


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