Question

philosophy of cooperatives? ​

Answer 1

Philosophy of cooperatives

Explanation:

• The Philosophy of cooperatives is to eliminate intermediary and to supply its members, quality goods at reasonable price.

• The fundamental principles of these co-operatives are open membership - any member can join the cooperatives, supply of unadulterated goods at fair prices and democratic management.

• This cooperatives are considered as a voluntary association formed by the consumers from the exploitation of profit making companies.

• The cooperatives are autonomous, independent, honest and are socially responsible for others.

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