As relevant as Co-operative is in our society. It still has some inherent problems. Discuss it?

VTPETERS2002

5 years ago

It is honest about the problems: it identifies problems of poor management, inappropriate coop structures, corruption and embezzlement, lack of working capital, lack of cooperative democracy and education, weakness of supporting institutions and, in general, an inability to compete in a liberalised market economy.

Disadvantages of a Cooperative Society:
Limited Resources: The financial strength of cooperative societies is low due to limited supply of capital. ...
Incapable Management: ...
Lack of Motivation: ...
Rigid Business Practices: ...
Limited Consideration: ...
High Interest Rate: ...
Lack of Secrecy: ...
Undue Government Intervention: