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प्रश्न
Discuss the characteristics of cooperative form of organisation.
उत्तर
The word ‘cooperative’ means an organisation in which the stakeholders work with one another. Thus, a cooperative society is a voluntary association of individuals who join together to protect or promote their common interests.
Features of Cooperative Societies
(a) Separate legal entity: The registration of a cooperative society is compulsory under the Cooperative Societies Act, 1912. Once the registration is complete, the cooperative society is granted the status of a separate legal entity. This implies that the cooperative society can hold properties in its own name and enter into contracts. Moreover, it can sue others and can be sued by others.
(b) Management and control: A cooperative society is a democratic form of organisation as it is managed and controlled by a managing committee which is elected by the members of the society on the principle of ‘one member, one vote’.
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संबंधित प्रश्न
Distinguish between the following:
Cooperative society and Partnership firm
Define Co-operative Society ?
Write short notes on the following:
Features of a co-operative societies
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 ________.
Select the proper option from the options given below and rewrite the completed sentence.
The Maharashtra State co-operative societies Act was came in force in ________.
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.
Distinguish between: Co-operative Society and Joint Stock Company
State Whether the Following Statement Are True Or False (Give Reason)
Profit maximization is the motto or object of Co-operative Organisations.
How does a cooperative society exemplify democracy and secularism? Explain.
Discuss the limitations of cooperative form of organisation.
Describe briefly different types of cooperative societies.
