Economy, asked by alveerasheikh000, 10 months ago

philosophy of cooperatives? ​

Answers

Answered by skyfall63
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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