Q.Explain the differences between the cooperative organisations and company form of
business organisation.
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Explanation:Objectives:
There is a difference in basic objectives of cooperatives from companies. The basic objective of a cooperative organisation is to provide essential service for the benefit of members. On the other hand, a company is a business organisation with the objective of earning profit.
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Answer:
The basic objective of a cooperative organisation is to provide essential service for the benefit of members. On the other hand, a company is a business organisation with the objective of earning profit.
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