Advertisements
Advertisements
Question
Discuss the limitations of cooperative form of organisation.
Advertisements
Solution
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.
APPEARS IN
RELATED QUESTIONS
State the Types of co-operative society
Define Co-operative Society ?
Write short notes on the following:
Features of a co-operative societies
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.
Distinguish between the following
(1) Co-operative society and Joint stock company.
State with reasons whether the following statements are True or False
Co-operative soc iety differs from.other forms of commercial orge1nisations.
(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.
In a co-operative society the principle followed is ________.
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.
Maximization of profit is the main motto of co-operative society.
Write short answer of the following.
State the types of Co-operative societies.
Long answer type question.
Define Co-operative society. Explain its merits and demerits.
Explain the Types of Co-operative Society?
State Whether the Following Statement Are True Or False (Give Reason)
Profit maximization is the motto or object of Co-operative Organisations.
