Question

What is professionalisation of Co-operative Management? Explain its importance and problems.

Answer 1

Professionalism is a way of behaviour, etiquette and manners which are practiced in a particular environment. Professionalism is defined on the basis of the culture, ethics and integrity of the organization.

Professionalism is very important in today’s business environment because it defines what the acceptable behaviour in the organization is, how one should behave inside and outside the organization, how they should deal with people, and above all Professionalism trains the managers and business persons how to deal with oversees organization

Answer 2

Co-operative Management and its importance

Explanation:

• Professionalism is a part of social responsibility and dignity in management. Cooperative management is management that tries to achieve an equitable and more effective system of management.  

• In a cooperative, the representative of a group and communities share their power and responsibility. They are responsible for planning, organizing, motivating, and controlling.  

• The management board is responsible for the achievement of the aims and goals of the business. There are various types of cooperatives such as consumer, worker, and producer, etc.  

• Decision-making and low participation are two of the problems in cooperative management.

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