Question

Define a cooperative organization??
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Answer 1

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A cooperative organization is a private business organization that is owned and controlled by the people who use its products, supplies or services.

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Answer 2

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(☞A cooperative organisation is an association of persons, usually of limited means, who have vol­untarily joined together to achieve a common eco­nomic end through the formation of a democrati­cally controlled organisation, making equitable dis­tributions to the capital required, and accepting a fair share of risk and benefits of the undertaking.

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