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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
The maximum number of partners for a firm carrying on banking business is .............. .
Multinational companies have a network of subsidiaries in _________.
Select the proper option from the options given below and rewrite the completed sentence.
Business organization which is controlled by Hindu succession Act is known as ________
Match the correct pairs.
| Group “A” | Group “B” | ||
| a) | Private company | 1) | Compulsory |
| b) | Public company | 2) | Minimum 7 members |
| c) | Common Seal | 3) | Maximum 50 members |
| d) | Registration of a company | 4) | 61% share capital |
| e) | Government company | 5) | 51% share capital |
| 6) | Symbol of a company | ||
| 7) | Optional | ||
| 8) | Simple formation | ||
| 9) | Easy dissolution | ||
| 10) | Hindu succession Act 1956 |
Write a word or a phrase or a term which can substitute the following.
The type of commercial organization established for providing services to its members.
Write a word or a phrase or a term which can substitute the following.
An elected body of representatives of a co-operative organization for its day-to-day administration.
Write a word or a phrase or a term which can substitute the following.
The rules and regulations laid down by the managing committee of a co-operative organization.
Write short note on the following.
Merits of Joint Hindu family
State with reasons whether the following statement true or false.
The liability of a Karta in a Joint Hindu family firm is limited.
State with reasons whether the following statement true or false.
Company form of organization has developed before industrial revolution.
State with reasons whether the following statement true or false.
The ownership and management are not separate in Joint stock company.
State with reasons whether the following statement true or false.
In partnership agreement may be oral or written.
State with reasons whether the following statement is true or false.
Sole Proprietorship is useful for small 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 types of partnership firm.
Write short answer of the following.
State factors to be considered for starting business.
Write short answer of the following.
State the point of choice of forms of business organization.
Long answer type question.
Define Co-operative society. Explain its features.
