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A cooperative is a business or a firm. It belongs to the people / employees - they are therefore owners - and they therfore have an invested stake in the business.
Members invest in shares in the business to provide working capital. All profits are set aside for operations and improvements, are returned to co-op members.
_ Krishna Srinivasan, President, Frost & Sullivan
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Is Grameen Bank a Cooperative?
Is Grameen Bank a cooperative? Why or Why not?
What is a cooperative form?
A cooperative form refers to a type of business organization owned and operated by a group of individuals for their mutual benefit. Members of a cooperative typically share resources, decision-making, and profits, emphasizing democratic control and collaboration. Common examples include credit unions, agricultural cooperatives, and housing cooperatives. This structure allows members to achieve economies of scale and enhance their bargaining power in the marketplace.
Does a Cooperative enjoy limited liability?
Yes, a cooperative typically enjoys limited liability, similar to other corporate structures. This means that the personal assets of its members are generally protected from the cooperative's debts and liabilities. Members' financial risk is usually limited to their investment in the cooperative. However, the specific legal provisions can vary based on jurisdiction and the cooperative's structure.
What is cooperative bank?
Cooperative banks are governed by the provisions of State Cooperative Societies Act and meant essentially for providing cheap credit to their members. it is an important source of rural credit in India.
Does a cooperative have a limited liability?
Yes, a cooperative typically has limited liability, meaning that the personal assets of its members are protected from the cooperative's debts and liabilities. Members are usually only liable for the amount they have invested in the cooperative. This structure encourages participation while mitigating financial risk for individual members. However, the specific liability protections can vary based on the cooperative's legal structure and the jurisdiction in which it operates.
What are some examples of cooperative advertising?
what are the main part of some examples of cooperative? the real examples of it cause some have some differernt of examples of cooperative that why i want to know to the main cooperative examples of it
What are some examples of cooperation?
what are the main part of some examples of cooperative? the real examples of it cause some have some differernt of examples of cooperative that why i want to know to the main cooperative examples of it
Examples of a cooperative a type of business firm?
Some examples of Cooperative businesses are...Cooperatives, Fresh produceCRSFarming cooperativesJohn Lewis
What is an examples of cooperative federalism?
the federal government grants government lands to the states
What is Cooperative sectors industries?
Cooperative sector industries are owned and managed by a group of people. Generally the members are the producers of raw materials. Examples of such industries are handloom, food processing and diary products. Amul is a example of cooperative sector society.
What are examples of cooperative play?
skipping-where 2 children hold the rope and a third skips,then they change places.
What are the different kinds of cooperatives?
Housing cooperative Building cooperative Retailers' cooperative Utility cooperative Worker cooperative Business and employment co-operative Social cooperative Consumers' cooperative Agricultural cooperative Cooperative banking (credit unions and cooperative savings banks) Federal or secondary cooperatives
Where can you find examples of socialism?
The Mondragon Cooperative Corporation in Spain, open-source software on the internet and employee-ownership in business organizations.
What is the comparative and superlative form of cooperative?
The comparative is more cooperative, and most cooperative is the superlative.
What is cooperative societies and the types of cooperative societies?
cooperative society is a voluntary association of people for their common economic development. Types: consumer cooperative producers cooperative market cooperative credit cooperative framing cooperative
Examples of cooperative business?
A cooperative business is one in which many people have a part in the business. These are often done in animal and produce sharing, where a group of people all pay a small amount and also help with the care of the crops or animals. In return, they receive product.
Why have cooperative societies not succeeded in India?
Actually the principalities of Cooperative and its definition if we see it is widespread and complicated, it a critical system tat enables community for achieving comprehensive Development goals set forth for achieving common objectives, so there are no chances of failure of cooperative in India or elsewhere in the world. Apart from this some cooperative fails because of the pioneer members of the cooperative. If any cooperative organisation want to get 100% success then its pioneer members should be clean and pious and should have mindset to carry social responsibilities, if such mind set is present in pioneers that cooperative definitely succeeds and lack of this failed. some of the finest examples are Anand Cooperative in Gujarat, Vikhe Patil Cooperative Suar Mills, Satpuda Cooperative Suar Mill at Saada run by P.K.Anna Patil. Anand Cooperative of Gujarat is such that UNO also made it compulsory that if some cooperative is working in the field of dairying then it should adopt Anand Pattern of Cooperatives, ten and ten they will be able to get funds and rants, really these people have set standards. ...... NDG Gurjar Patil
