Ways in which a savings and credit coperative society can raise capital
Answers
Answered by
1
Answer:
helping poor people hope you got the right answer
Answered by
1
Answer:
The greater the amount of capital held by the cooperative, the greater its ability to purchase more efficient technology, invest in staff training and education and make other improvements to the running of the business.
Explanation:
Capital for the operation and improvement of the cooperative business can come from three main sources:
a directly from members themselves
b from retained surpluses generated by the cooperative business
c from outsiders.
Similar questions
Biology,
3 months ago
English,
3 months ago
Chemistry,
7 months ago
Biology,
7 months ago
Business Studies,
1 year ago