Who manages the cooperative society?
Answers
Answer:
All the members of the society are jointly known as the general body, whereas the members who manage the cooperative society are jointly known as the managing committee. They democratically manage a cooperative society. “One member one vote” is the rule, and thus members can have a voice in management.
Answer:
All the members of the society are jointly known as the general body, whereas the members who manage the cooperative society are jointly known as the managing committee. They democratically manage a cooperative society. “One member one vote” is the rule, and thus members can have a voice in management.
Explanation:
Democratic Management: Co-operative societies are managed on democratic lines. The society is managed by a group known as “Board of Directors”. The members of the board of directors are the elected representatives of the society. Each member has a single vote, irrespective of the number of shares held.
● Head Of the Department S.Ziyaullah, IAS Registrar Of Cooperative Societies
● Types of Cooperatives
1) Retail Cooperatives. Retail Cooperatives are a type of "consumer cooperative" which help create retail stores to benefit the consumers making the retail “our store”. ...
2) Worker Cooperatives. ...
3) Producer Cooperatives. ...
4) Service Cooperatives. ...
5) Housing Cooperatives.