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प्रश्न
Write short note on the following.
Demerits of Co-operative society
उत्तर
Demerits of a co-operative society:
i. Excessive government control: A co-operative society has to follow certain rules and regulations framed by the cooperative department of the concerned state government.
ii. Limited capital: The financial resources that a co-operative society can raise from the public are limited, as the rate of dividend on capital is low and the principle of “one member, one vote” is followed.
iii. Lack of secrecy: Secrecy of information in a co-operative society cannot be maintained, as it discloses information about its operations to its members.
iv. Lack of motivation: Members of a co-operative society do not feel motivated to do their best, as there is no incentive for hard work.
v. Conflicts: Members of a co-operative society may lack maturity and experience to deal with business problems. This may lead to conflicts among the members.
vi. Inefficiency in management: The management of a co-operative society generally comprises part-time or inexperienced people. They may not be skilled enough to handle managerial functions effectively.
संबंधित प्रश्न
State Whether the Following Statement Are True Or False (Give Reason)
Division of work is not required in organising a function.
Write short note on the following.
Merits of Joint Hindu family
State with reasons whether the following statement true or false.
The maximum number of members in a Joint Hindu family is 20.
State with reasons whether the following statement true or false.
Share holders can manage the business.
State with reasons whether the following statement true or false.
The main purpose of a co-operative organization is to earn profit.
State with reasons whether the following statement is true or false.
The owner of the sole proprietorship is the sole decision maker of his business.
State with reasons whether the following statement is true or false.
A sole trading concern is easiest to form.
Write short answer of the following.
State the demerits of proprietorship.
Write short answer of the following.
State the types of partnership firm.
Write short answer of the following.
State the merits of partnership firm.
Write short answer of the following.
State factors to be considered for starting business.
Long answer type question.
Define Co-operative society. Explain its features.
Long answer type question.
Define Joint Stock Company. Explain its merits and demerits.
Distinguish between: Partnership Firm and Joint-stock Company
Why is it important to choose an appropriate form of organisation?
Discuss the factors that determine the choice of form of organisation.
