The main objective of Co-operative society is to provide services to its members.
Justify the following statement :
The main objective of Co-operative society is to provide services to its members.
4 views
1 Answers
1. The Co-operative Society is a voluntary association of persons formed for the purpose of promoting the interest of its members. It is different from all other organizations.
2. The main objective of a co-operative organization is not to make profit but to give service to its members.
3. The co-operative society is formed for the welfare of the people.
4. Co-operative societies are rightly called as service oriented organization. Maximisation of profit is not the aim.
5. Thus, the main objective of Co-Operative society is to provide services to its members.
4 views
Answered