Advertisements
Advertisements
Question
Justify the following statement.
The main objective of Co-operative society is to provide services to its members.
Advertisements
Solution
- The Co-operative Society is a voluntary association of persons formed for the purpose of promoting the interest of its members. It is different from all other organizations.
- The main objective of a co-operative organization is not to make a profit but to give service to its members.
- The co-operative society is formed for the welfare of the people.
- Co-operative societies are rightly called a service oriented organization. Maximisation of profit is not the aim.
- Thus, the main objective of Co-operative society is to provide services to its members.
APPEARS IN
RELATED QUESTIONS
Find the odd one.
Find the odd one.
Complete the sentence.
The rule for voting in Co-operative society is __________.
Complete the sentence.
The face value of the shares of Co-operative society is very _______.
Complete the sentence.
Consumer’s co-operatives are formed by the _______.
Answer in one sentence.
What do you mean by co-operative Society?
Explain the following term/concept:
Co-operative Society.
Explain the following term/concept:
Managing Committee.
Justify the following statement.
The liability of Co-parceners is limited in ‘Joint Hindu Family Business’.
Justify the following statement.
Co-operative society follows democratic principles.
Attempt the following:
Explain various types of Co-operative Society.
Attempt the following:
Describe the features of the Co-operative Society.
Explain the merits of a co-operative society.
Explain the demerits of a Partnership firm.
Which of the following best describes a cooperative society?
What is a major demerit of cooperative societies?
