What are the roles performed by a consumers cooperative society

(c)outline any four roles performed by a consumers’ cooperative society. The consumers enhance their bargaining power as against traders and manufacturers.

The main features of cooperative societies are as follows:

What are the roles performed by a consumers cooperative society. 2) they aim to eliminate the unnecessary profits of middlemen in trade and commerce. Its purpose is to provide financial assistance to. The first priority of a consumer organisation is to accelerate consumer awareness towards their rights.

The main features of cooperative societies are as follows: (iii) they also help in controlling inflation. When they spend, businesses reap the profit and consumers get a quality product or service that will in some way enhance their lives.

It was founded in 1936 and now operates three markets and a gas station in new hampshire. The consumers cooperative societies buy variety of goods from the manufacturer or wholesaler hence they are exposed to a wide range of goods. (vi) they offer help in stabilizing the.

Ministry of local government & cooperative society can play vital role to bring forming within the framework of cooperative society and can minimize the role of middlemen of marketing agricultural products of bangladesh. To help people with limited income to construct houses at reasonable costs, these societies are. It collects the output of individual members.

Based on that the main types of a. 1) they aim to provide goods and services. And nature of activities performed by them.

Members of the cooperative society can get quick loans. Consumer cooperative society is that society that procure assortment of household goods to its members @ a cheapest possible price and ensures availability of this. 2 to provide goods and services at affordable prices.

Various marketing functions like transportation, packaging, warehousing, etc are performed by the cooperative societies to sell the product at the best possible price. Group of people can achieve goals that none of them could achieve alone. 5.3 recommendations it is the view of the study that government should go a long way to improve the operation, the operations and administration of consumer cooperative.

Since these cooperatives purchase commodities in bulk and generally directly from the manufacturers they are able to provide goods to the consumers at reasonable prices. They can join or leave the organisation as per their choice. 4) they aim to protect the rights of people both as producers and consumers.

When some cooperative units are formed for the achievement of specific economic objectives, others are formed either with the purpose of social upliftment of the members or to help consumers, small farmers, or small producers. Procurement of products is done directly from the producers, which removes the middlemen, thereby generating more profit for the producers and consumers. 3) they seek to prevent the exploitation of the weaker members of society.

(ii)llustrate the normal chain of distribution of goods. This committee is formed to help the members who need lands and houses. As the name suggests, cooperative society refers to that type of business organization, wherein people work together, for a common goal, i.e.

7 empowering the elderly and the vulnerable. The rockdale cooperative was a consumer cooperative society. Consumer cooperative societies in nkwere local government area must be encourage so that they will continue playing major roles in the improving of economy of imo state.

(ii) they sell essential goods at affordable prices. 3 they aim to eliminate middlemen. (c)outline any four roles performed by a consumers’ cooperative society.

Middlemen are playing marketing role and due to this reason, farmer are not getting fair price for their products. 5) they promote mutual understanding and education among their. (iv) they discourage hoard of goods, thereby cutting out the middlemen.

5 to protect the rights of people as both producers and consumers. 4 prevent the exploitation of the weaker members of society. The cooperative societies have a responsibility to play a constructive role in this area.

Or more economic goals in an increasingly competitive global economy. (b)describe a consumers’ cooperative society. They provide a unique tool for achieving one.

This question was the quite popular with the candidates and was attempted by nearly all the candidates. For over 160 years now, cooperatives have been an effective way for people to exert. The commerce, market, public catering, car service, etc.;

The consumer cooperatives protect the consumers in the following ways: (1) accelerating consumer awareness/educating consumers: (a) (i) define distribution of goods.

1 what is a cooperative society. The consumers enhance their bargaining power as against traders and manufacturers. Consumers play an important role in society from the methods they use to research and review products to their.

The products that are sold in the cooperative societies are cheaper than the market. Given below are the types of cooperative societies: Control over their economic livelihoods.

In nigeria, the formation of age group societies for team work and group financial assistance among members in respect of farm work, road construction, house erection and social festivities marked the beginning of cooperative society’s movement. Its purpose is to purchase goods directly from the manufacturer and deliver it to the consumers at a reasonable price. To accomplish this task following efforts are made:

The members of the cooperative society. Rei is the nation’s largest consumer cooperative, specializing in camping and sporting goods. (v) they offer credit facilities to consumers.

Consumers, along with businesses, are the driving force of the economy. It has to be registered under the cooperative societies act, 1912, in order to obtain the status of a separate legal identity. 6 contribute to a more sustainable food system.

(i) they bring goods nearer to the consumers.