Business Studies, asked by muneeralbi, 8 months ago

what do you understand by a cooperative organisation ? discuss its features​

Answers

Answered by satyam2004a
3

Explanation:

The word cooperative means working together and with others for a common purpose. The cooperative society is a voluntary association of persons, who join together with the motive of welfare of the members. ... The members of a cooperative society contribute capital to purchase of its shares

Answered by salamabdusabid
4

Answer:

A cooperative organisation is an association of persons, usually of limited means, who have voluntarily joined together to achieve a common economic end through the formation of a democratically controlled organisation, making equitable distributions to the capital required, and accepting a fair share of risk.

Explanation:

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