Question

what are the advantages of consumer cooperative store?

Answer 1

$hey \: dear \: here \: is \: your \: answer$
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➊.Limited liability: The liability of the of the member in a cooperative store is limited to the extent of the capital contributed by them. Over and above that amount, they are not liable personally to pay for the debts of society, in case the liabilities are greater than its assets.


➋.Democratic management: Cooperative societies are democratically managed through management committees Which are elected by the members. Each member has one vote, irrespective of the number of shares held by him/her.

➌.Lower prices: A cooperative store purchases goods directly from the manufacturers or wholesalers and sells them to members and others. Elimination of middlemen results in lower prices for the consumer goods to the members.


➍.Cash sales: The consumer cooperative stores normally sell goods on cash basis. As a result, the requirement for working capital is reduced.

➎.Convenient location: The consumer cooperative stores are generally opened at convenient public places where the members and others can easily buy the products as per their requirements.

☺$hope \: this \: helps \: you \:$
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Answer 2

heya..

here is your answer..

(1) As the value of the shares of a co-operative society is limited, it attracts many people.

(2) The control and management of society is democratic.

(3) These societies lead to the elimination of middlemen.

(4) Since the control and management of the society is in the hands of the members, it ensures better quality of goods to the members.

(5) Advertising expenses are limited.  

(6) Co-operative societies are very helpful in inculcating and developing managerial abilities among the members.

(7) Economies of large scale purchases are availed by the societies.

(8) The societies help the members in the adjustment of their family budgets to their incomes.

it may help you..