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Discuss the merits of cooperative form of organisation. - Business Studies

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प्रश्न

Discuss the merits of cooperative form of organisation.

संक्षेप में उत्तर

उत्तर

Merits of Cooperative Societies

(a) Ease of formation: The formation of a cooperative society is quite easy as it requires the induction of only 10 adult members. The registration procedure of a society under the Cooperative Societies Act, 1912, is quite simple.

(b) Continued existence: A cooperative society is a stable form of organisation as it enjoys the status of a separate legal entity that is considered distinct from its members. As a result, the life of a cooperative society remains unaffected by the death, insolvency or insanity of its members.

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अध्याय 2: Forms of Business Organisation - Long Answer Questions [पृष्ठ ५६]

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एनसीईआरटी Business Studies [English] Class 11
अध्याय 2 Forms of Business Organisation
Long Answer Questions | Q 4.2 | पृष्ठ ५६

वीडियो ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्न

Distinguish between the following:

Cooperative society and Partnership firm


State the Types of co-operative society


Match the correct pairs:

                        Group ‘A’                           Group ‘B’
 (a) Co - operative Society  (1) The father of Modern Management
 (b) ‘e’ Business  (2) President of national commission
 (c) District Judge  (3) Not directly related to human beings.
 (d) F.W. Taylor  (4) Outsourcing
 (e) Staffing  (5) One share one vote
       (6) President of District forum
 (7) Father of Scientific Management
 (8)Electronic Business
(9) Right people to right jobs.
 (10) One member one vote.

Merits and Demerits of Co-operative Society?


State with reasons, whether the following statement is True or False:

Maximisation of profit is the object of a co‐operative society.


State with reasons whether the following statements are True or False. 

Maximization of profit is the main motto of co-operative society.


State Whether the Following Statement Are True Or False (Give Reason)

The main purpose of a cooperative organization is to earn profit.


Co-operative society and Joint stock company.


(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.
The minimum of members allowed in a co-operative society 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.


Write short note on the following.
Merits of Co-operative society.


State with reasons whether the following statement true or false.

The membership of a co-operative society is voluntary.


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?


State Whether the Following Statement Are True Or False (Give Reason)

Profit maximization is the motto or object of Co-operative Organisations.


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