Question

Discuss the characteristics, merits and limitations of co-operative form of organization. Also describe briefly different types of co-operative societies.

Answer 1

Answer: hey mate here you go

Limitations of Cooperative Societies

Disadvantages of a Cooperative Society:

• Limited Resources: The financial strength of cooperative societies is low due to limited supply of capital. ...

• Incapable Management: ...

• Lack of Motivation: ...

• Rigid Business Practices: ...

• Limited Consideration: ...

• High Interest Rate: ...

• Lack of Secrecy: ...

• Undue Government Intervention:

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