Question

What are the advantages of cooperation?

Answer 1

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The following are some of the important advantages of cooperative societies.

Voluntary organization. The membership of a cooperative society is open to all. ...

Ease of formation. ...

Democracy. ...

Equitable distribution of surplus. ...

Limited liability. ...

Stable existence. ...

Each for all and all for each. ...

Greater identity of interests.

Answer 2

Advantages of co-operation:

There are many advantages of having a cooperation. They are

• Cooperation means having or following same suits of orders, laws or having same beliefs regarding or in achieving similar goals it reduces the stress which employees have the most of competing against each other.
• It’s just working towards a common goal of achieving and winning on completion of a work given together.
• Cooperation’s help the business to succeed and grow to newer or greater heights.