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Write Short Note on the Following. Merits of Co-operative Society. - Organisation of Commerce and Management

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प्रश्न

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

टीपा लिहा

उत्तर

Merits of a co-operative society:
i. Ease of formation: The formation of a co-operative society is quite easy, as it requires the induction of only 10 adult
members. Its registration process is also simple.
ii. 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.
iii. Equal voting rights: There is equality in voting rights, as it follows the policy of “one member, one vote”.
iv. Limited liability: The degree of liability of a member is limited to the amount of capital contributed by him or her.
v. Open membership: Membership of a co-operative society is open to all persons; caste, creed, religion or sex is no bar to
membership.
vi. Democratic management: The management of 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 notes on 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 notes on the following | Q 12 | पृष्ठ ३९

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संबंधित प्रश्‍न

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.

Define Co-operative Society ?


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

Co-operative soc iety differs from.other forms of commercial orge1nisations.


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.


(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.
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 short answer of the following.
State the types of Co-operative societies.


Distinguish between: Co-operative Society and Joint Stock Company


How does a cooperative society exemplify democracy and secularism? Explain.


Describe briefly different types of cooperative societies.


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