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Write Short Answer of the Following. State the Merits of Co-operative Societies. - Organisation of Commerce and Management

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प्रश्न

Write short answer of the following.
State the merits of co-operative societies.

टीपा लिहा

उत्तर

The following are the merits of co-operative societies:
i. Limited liability: The liability of all members in a co-operative society is limited to the amount unpaid on the shares held by them.
ii. Ease of formation: The formation of a co-operative society is quite easy, as it requires the induction of only 10 adult members. Also, the registration procedure of a society is quite simple.
iii. Continued existence: A co-operative society is a stable form of organisation, as its existence remains unaffected by the death, insolvency or insanity of its members.
iv. Equal voting rights: There is an equality in the voting rights, as the voting process follows the policy of “one member, one vote”, regardless of the share of capital of each member.
v. Open membership: Membership of a co-operative society is open to all, regardless of caste, creed, religion or sex.
vi. Democratic management: A co-operative society is democratic in nature, as it is managed and controlled by a managing committee formed by its members.

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पाठ 1: Forms of Business Organisations - Write short answer of the following [पृष्ठ ३९]

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मायकल वाझ Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
पाठ 1 Forms of Business Organisations
Write short answer of the following | Q 11 | पृष्ठ ३९

व्हिडिओ ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्‍न

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.

Write short notes on the following:

Features of a co-operative societies


Match the correct pairs:

  Group “A”   Group “B”
1 Co‐operative society a Manager
2 F.W. Taylor b 12 hours service
3 Directing function c One member one vote
4 A.T.M. d Government owned
5 Rail transport e Father of scientific management
    f 24 hour service
    g Owned by private companies
    h Father of modern management
    i Maximum business secrecy
    j Worker

 


Write short answer of the following.
State the features of 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.


One member one vote' is the principle of _________ organisation.


Co-operative society and Joint stock company.


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.
In a co-operative society the principle followed is ________.


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.


State with reasons whether the following statement true or false.

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


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 characteristics of cooperative form of organisation.


Discuss the merits of cooperative form of organisation.


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