Co-operative organisation is formed with the objective of meeting common needs of the members but no society can confine its activities to its members alone. Any 10 members who have attained majority can join together for forming a cooperative society by observing simple legal formalities. Cooperatives can be formed much easily when compared to a company. Classes can be divided up into several groups.
DEFINITION A co-operative is defined as an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise. ! It grades them keeps them in its warehouses and sells at the whole-sale when the market is favorable The sale proceeds are distributed among the members according to the quality and quantity of the product pooled with the society. The marketing cooperative society collects the producer of its members. Since then, the cooperative society have become widespread all over the world. There are many different types of cooperative … The first cooperative society was said to be England consumer cooperative society created by weavers in 1844. Cooperative marketing societies should diversify their activities. Co-operative Credit Society: These societies are formed to provide financial sup- The co-operative marketing societies play an important part in the following spheres:-They arrange for sale of member's produce to the best possible advantage by enabling them to obtain better price because of the sale in bulk and consequent economy in the cost of marketing. Cooperative learning groups can consist of two to five students, but groups of three to four are also effective. Cooperative society 1. A co-operative society is run on the principle of ‘one man one vote‘. A cooperative society may also be defined as a … Democracy. It was named the Society of Fair Pioneers of the Rochdale city. 3. It will have to look after the interests of the community as a whole, though in all respects the members of the society … 4. state the characteristics of a co-operative society; ... Gujarat Co-operative Milk Marketing Federation that sells AMUL milk products is an example of marketing co-operative society. These common features enhance the effectiveness of cooperative learning groups. The groups should contain high achievers and low achievers. They should sell the produce and inputs, and engage in the construction of storage facilities In the selections of the officials of cooperative marketing societies, weightage should be given to business experience and qualifications. CO-OPERATIVE SOCIETY MADE BY – S.GOKUL CLASS - XI-D ROLL NO - 32 2.