Question

Write in brief about Co-operative organizations.

Answer 1

Answer:

A cooperative is a private business organization that is owned and controlled by the people who use its products, supplies or services. Although cooperatives vary in type and membership size, all were formed to meet the specific objectives of members, and are structured to adapt to member's changing needs.

Explanation:

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Answer 2

CO - OPERATIVE ORGANISATION

A cooperative organisation form of business is a different form of business enterprise.

"Cooperative organisation is a society which has its objectives for the promotion of economic interest of its members in accordance with Cooperative principles. " ----- H.C. Calvert

FEATURES OF CO OPERATIVE ORGANISATION

• Voluntary Association
• Equal Voting Rights
• Service Motive
• Separate Legal Entity
• Distribution of Surplus