intro to cooperatives

8/9/2019 Intro to Cooperatives

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The Concept of Co-The Concept of Co-

operationoperationClick to add subtitle
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Denitions

H. Calvert: Co-operation as a form of organisation, wherein persons

voluntarily associate together as human beings, on a basis of euality, for thepromotion of the economic interests of themselves!"

Prof. Lambert: an enterprise forme# an# #irecte# by an association of

users, applying within itself, the rules of #emocracy $ #irectly inten#e# to

serve both its own members $ the community as a whole!"


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Objectives

Service to people by supply of goods & services at affordable prices

Removal of middlemen & unfair practices Protect consumer interests

Controlling the growth of monopoly

emocratic control

Self help

!"uality among people

!"ual distribution of income & wealth

#eutrality

Capitalism

!conomic benefits

Social $enefits


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Company ogoBenets of Co-operatives

A co-operative society enables its members to secure economic

services of various kinds at lower costs Co-operatives work as an effective instrument for securing

expeditious economic growth

The distribution patterns improves the strength & capabilities of the

relatively weak by improving their savings & purchasing power Co-operatives facilitates as a tool which can make available economic

& technical knowledge to the society

Co-operatives cherishes to establish a social order wherein the value

of personal liberty & dignity of human beings can be fullfilled


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Principles of Co-operation

Open %embership

&emocratic Control 'imite# (nterest on capital

&istribution of surplus to members

)olitical $ *eligious +eutrality )romotion of #ucation

Co-operation among Co-operatives


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Promotion of Education

nlighten the members with current tren#s $ affairs of

co-operative organiation #ucation management s.ills, a#ministrative, $ other personnel

s.ills

#ucation of office hol#ers elect representatives or professionalsemploye# by the co-operative societies

They must acuire .nowle#ge of technical s.ills $ training in

con#uct of business on co-operative lines

C h T di


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Cash Trading

Co-operatives insist on cash tra#ing

(n or#er .eep #own the cost #own, to be able to tra#e in

small margin in interest of consumer members


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LIMITATIONS


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