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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.

थोडक्यात 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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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 4.2 | 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.

Define Co-operative Society ?


Merits and Demerits of Co-operative Society?


Write short notes on the following:

Features of a co-operative societies


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

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


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


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 ________.


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.

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


Distinguish between: Co-operative Society and Joint Stock Company


Explain the Types of Co-operative Society?


Discuss the limitations of cooperative form of organisation.


Describe briefly different types of cooperative societies.


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