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 ?
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
Co-operative society and Joint stock company.
(1) Minimum ................ members are required for the formation of a co-operative society.
Write short note on the following.
Merits of Co-operative society.
Write short answer of the following.
State the types of Co-operative societies.
Write short answer of the following.
State the merits of co-operative societies.
Long answer type question.
Define Co-operative society. Explain its merits and demerits.
Distinguish between: Co-operative Society and Joint Stock Company
Explain the Types of Co-operative Society?
Discuss the characteristics of cooperative form of organisation.
