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What is the role of business organisations in society?

The role of business organizations are to provide products and services to the public and private sectors of the economy.


What is cooperative?

A cooperative is a business or organization owned and operated by its members for mutual benefit. Members pool resources and make decisions collectively, sharing in the profits or benefits of the cooperative. Cooperatives can exist in various sectors, such as agriculture, housing, or consumer goods.


Where the public private cooperative and joint sectors exists?

mixed economy


When was National Cooperative Business Association created?

National Cooperative Business Association was created in 1916.


What are the four sectors in Keynesian macroeconomic model?

The four sectors in Keynesian macroeconomic model are business, household, foreign sector and government. The Keynesian macroeconomics focuses on a broad scale where the above mentioned sectors play an important role.


What is the difference between cooperative and other business organization?

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Member owned business?

A cooperative


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 is the largest cooperative in the world?

The largest cooperative in the world is the Spanish multinational cooperative Mondragon Corporation, located in the Basque Country in northern Spain. Founded in 1956, it operates in diverse sectors such as finance, industry, retail, and knowledge.


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 is A business whose owners are its customers is known as?

A business whose owners are also its customers is known as a cooperative, or co-op. In a co-op, members typically share in the decision-making process and profits, aligning the interests of the owners and users. This model is commonly found in various sectors, including agriculture, retail, and housing. The cooperative structure emphasizes community and mutual benefit among its members.


Enumerate the similarities and difference between cooperative society and joint stock company?

What are the similiarities and differences between cooperative business and joint stock business