causes of failure of cooperative society and its possible solution
Answers
Answered by
0
Answer:
Explanation:
It is clear that cooperatives – just like any other type of business – can fail for any number reasons, such as lack of capital, incompetent management, organizational deficiencies, and so on.
Answered by
0
The answer is
The 3 Reasons Co-ops Fail
Overall, co-operatives have a proven track record of being more sustainable than other forms of business – with over 90% remaining successful after 3-5 years. But, like any business and organizational models, there are reasons co-ops fail. Often this is the result of common issues faced by businesses, such as market dynamics, access to capital, or mismanagement.
Here are three reasons co-ops fail:
1) Failure to incentivize shareholders
2) Failure to incentivize shareholders
3) Power becomes centralised
Hope this helps
The 3 Reasons Co-ops Fail
Overall, co-operatives have a proven track record of being more sustainable than other forms of business – with over 90% remaining successful after 3-5 years. But, like any business and organizational models, there are reasons co-ops fail. Often this is the result of common issues faced by businesses, such as market dynamics, access to capital, or mismanagement.
Here are three reasons co-ops fail:
1) Failure to incentivize shareholders
2) Failure to incentivize shareholders
3) Power becomes centralised
Hope this helps
Similar questions