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Updated in [October 07th, 2023]

What does this course tell?
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In this course we will discuss:1 What is meant by a Cooperative Society?2 What are the various features of a Cooperative Society?3 What is the condition regarding minimum number of members to form a Cooperative Society?4 What is done if any surplus is generated as a result of operations of Cooperative Society?5 What is the benefit if a Cooperative Society gets registered?6 Membership is open to all in case of a Cooperative Society Comment7 The liability of members of a Cooperative Society is limited Comment8 What are the various merits of a Cooperative Society?9 Each member in Cooperative Society is entitled to equal voting rights Comment10 How a Cooperative Society is able to bring economy in its operations? Write a few lines11 A Cooperative Society has a stable existence Discuss12 Why and how a Cooperative Society gets Government Support?13 It is easy to form a Cooperative Society in India Comment14 How does a cooperative society exemplify democracy and secularism? Explain15 What are the limitations of a Cooperative Society?16 Why a Cooperative Society is unable to attract and employ expert managers?17 Why the resources of a Cooperative Society are limited?18 Why it is difficult for a Cooperative Society to maintain secrecy about its operations?19 How the Government controls the functioning of Cooperative Society?20 Why does it happen sometimes that general body members stop taking interest in the working of the Cooperative Society?21 Why there is lack of motivation among the honorary office bearers of the Cooperative Society?22 What are the various types of Cooperative society on the basis of the nature of their operations?23 What is the purpose of Consumers' Cooperative Societies?24 How Producers' Cooperative Society protects the interest of small producers?25 How Credit Cooperative Society protects its members from the exploitation of big lenders?26 How a Marketing Cooperative Society helps small producers in selling their products?27 What is the purpose of Cooperative Housing Societies?

We considered the value of this course from many aspects, and finally summarized it for you from two aspects: skills and knowledge, and the people who benefit from it:
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What skills and knowledge will you acquire during this course?
During this course on Forms of Business Organisation Part-2 Cooperative Societies, the learner will acquire the following skills and knowledge:
1. Understanding the concept of a Cooperative Society.
2. Familiarity with the various features of a Cooperative Society.
3. Knowledge of the minimum number of members required to form a Cooperative Society.
4. Understanding the handling of surplus generated by a Cooperative Society.
5. Awareness of the benefits of registering a Cooperative Society.
6. Understanding the open membership policy of a Cooperative Society.
7. Knowledge of the limited liability of members in a Cooperative Society.
8. Understanding the merits of a Cooperative Society.
9. Knowledge of equal voting rights for each member in a Cooperative Society.
10. Understanding how a Cooperative Society brings economy in its operations.
11. Knowledge of the stable existence of a Cooperative Society.
12. Understanding the reasons and methods of government support for Cooperative Societies.
13. Knowledge of the ease of forming a Cooperative Society in India.
14. Understanding how a Cooperative Society exemplifies democracy and secularism.
15. Awareness of the limitations of a Cooperative Society.
16. Understanding the challenges in attracting and employing expert managers in a Cooperative Society.
17. Knowledge of the limited resources of a Cooperative Society.
18. Understanding the difficulty in maintaining secrecy about the operations of a Cooperative Society.
19. Knowledge of the government's role in controlling the functioning of a Cooperative Society.
20. Understanding the reasons for the lack of interest among general body members in the working of a Cooperative Society.
21. Knowledge of the lack of motivation among honorary office bearers of a Cooperative Society.
22. Familiarity with the various types of Cooperative societies based on the nature of their operations.
23. Understanding the purpose of Consumers' Cooperative Societies.
24. Knowledge of how Producers' Cooperative Societies protect the interests of small producers.
25. Understanding how Credit Cooperative Societies protect their members from exploitation by big lenders.
26. Knowledge of how Marketing Cooperative Societies help small producers in selling their products.
27. Understanding the purpose of Cooperative Housing Societies.
Who will benefit from this course?
This course on Cooperative Societies will benefit individuals and professionals who are interested in or involved in the following areas:
1. Entrepreneurs: Individuals who are interested in starting a cooperative society can benefit from this course as it provides a comprehensive understanding of the concept, features, and benefits of cooperative societies.
2. Small Producers: Producers who operate on a small scale can benefit from this course, particularly from the sections discussing Producers' Cooperative Societies and Marketing Cooperative Societies. These sections explain how cooperative societies protect the interests of small producers and help them in selling their products.
3. Consumers: Consumers who want to understand the functioning and benefits of Consumers' Cooperative Societies can gain valuable insights from this course. It explains the purpose and advantages of such societies.
4. Small Business Owners: Small business owners who are looking for alternative forms of business organization can benefit from this course. Cooperative societies offer advantages such as limited liability, equal voting rights, and government support, which can be appealing to small business owners.
5. Individuals interested in social and economic development: This course provides an understanding of how cooperative societies exemplify democracy and secularism. It also discusses the government's role in controlling and supporting cooperative societies. Individuals interested in social and economic development can gain insights into how cooperative societies contribute to these areas.
6. Individuals interested in the functioning of non-profit organizations: Cooperative societies are non-profit organizations that operate for the benefit of their members. Individuals interested in understanding the functioning and limitations of non-profit organizations can benefit from this course.

Course Syllabus

Introduction

Cooperative Society- Meaning and Features

Merits of Cooperative Society

Limitations of a Cooperative Society

Types of Cooperative Societies