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Select the Proper Option from the Options Given Below and Rewrite the Completed Sentence. in a Co-operative Society the Principle Followed is ________. - Organisation of Commerce and Management

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Question

Select the proper option from the options given below and rewrite the completed sentence.
In a co-operative society the principle followed is ________.

Options

  • one share one vote

  • one man one vote

  • on vote.

MCQ
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Solution

In a co-operative society the principle followed is one man one vote.
Explanation:

“One man, one vote” means that equal voting rights are given to all members of a co-operative society. Hence, there exists a democratic style of management in a co-operative society.

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Chapter 1: Forms of Business Organisations - Select the proper option [Page 37]

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Micheal Vaz Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
Chapter 1 Forms of Business Organisations
Select the proper option | Q 25 | Page 37
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