मराठी

Discuss the merits of cooperative form of organisation.

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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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