Question

The
of a cooperative organization has become a difficult and
highly competitive task in developing countries with the entry of
cooperatives in various dimensions of the national economy.
O Management
o Organization
O Mission
O Objectives​

Answer 1

Answer:

Management

Explanation:

Cooperative organization-

• A cooperative is an autonomous association of people who have come together voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly owned and democratically controlled business.
• Cooperatives are owned democratically by their members, with each member having one vote in the election of the board of directors.

Challenges faced:

• Cooperatives' organisational structures are evolving toward increasingly hybrid structures.
• Many cooperatives are introducing managerial entrepreneurship to become more competitive and international.
• Furthermore, they are becoming more product-focused and less region-focused (which has an impact on member representation).
• They are also changing their ownership structures to attract more equity capital. In the agricultural sector, for example, federated cooperatives are disappearing or becoming farmer-owned rather than user-owned.
• In the context of competition law and rulings, cooperatives and producer organizations frequently face legal uncertainty.

Hence, the management of a cooperative organization has become a difficult and highly competitive task in developing countries with the entry of cooperatives in various dimensions of the national economy.

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