Business Studies, asked by yrishab127, 9 months ago


28. Which of the following is not the advantage of cooperative societies?
(a) Stability
(b) Political Interference
(c) Democratic Management
(d) Tax Advantage​

Answers

Answered by raghavvirendrasingh5
0

Answer:

tax advantage ..

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Answered by KailashHarjo
0

Political Interference is not the advantage of cooperative societies. Option(b) is the correct answer.

  • Government laws and regulations apply to how a cooperative society conducts its daily business.
  • The organization is required to maintain consistent accounting records and submit them for auditing and inspection by government officials. To the registrar the reports must be delivered.
  • All of these legal requirements take a lot of time, which hinders productivity. The members can actually do very little on their own without consulting the government. This kills flexibility and prevents business expansion.
  • When a political party takes office, it occasionally forgives the loans taken from cooperative societies.
  • There are times when the government will not collect thousands of dollars. A cooperative society is then maintained even after it fails for political reasons.
  • Hence, political interference is not an advantage of cooperative society.

For more information on Cooperative Societies, refer to these answers:

https://brainly.in/question/44787499

https://brainly.in/question/12890678

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