Business Studies, asked by nidhisalgaonkar8, 6 months ago

cooperrative societies are the only form of business organisation established with services motive . explain​

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Answered by Anonymous
7

Answer:

Service Motive- A cooperative society is based on the service motive of its members. Its main objective is to provide service to the members and not to maximize profits. Earning profits is the most important objective of other forms of business organization. It is not so in the case of co-operatives.

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