{"id":26434,"date":"2015-03-06T06:11:43","date_gmt":"2015-03-06T06:11:43","guid":{"rendered":"http:\/\/vskills.in\/certification\/blog\/?p=26434"},"modified":"2024-04-03T13:15:50","modified_gmt":"2024-04-03T07:45:50","slug":"business-strategy-cooperative-societies","status":"publish","type":"post","link":"https:\/\/www.vskills.in\/certification\/blog\/business-strategy-cooperative-societies\/","title":{"rendered":"Business Strategy : Cooperative Societies"},"content":{"rendered":"<blockquote>\n<p style=\"text-align: center\"><a ref=\"magnificPopup\" href=\"http:\/\/vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/Business-Strategy-Cooperative-Societies.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-26435\" alt=\"Business Strategy  Cooperative Societies\" src=\"http:\/\/vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/Business-Strategy-Cooperative-Societies.jpg\" width=\"225\" height=\"225\" srcset=\"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/Business-Strategy-Cooperative-Societies.jpg 225w, https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/Business-Strategy-Cooperative-Societies-150x150.jpg 150w, https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/Business-Strategy-Cooperative-Societies-55x55.jpg 55w\" sizes=\"auto, (max-width: 225px) 100vw, 225px\" \/><\/a><\/p>\n<p style=\"text-align: center\">Cooperation is an act of being helping that leads to being cooperative together<\/p>\n<p style=\"text-align: center\">What are Cooperative Societies and how do they help?<\/p>\n<\/blockquote>\n<p style=\"text-align: left\">This is a form of business concerns primarily the economic benefits to particular group rather maximizing the profit values as whole. The word cooperative derived from Co-operari, &#8216;co&#8217; means WITH and &#8216;oparari&#8217; means TO WORK therefore implies Working Together.\u00a0The society forms with objectives of rendering service rather profits, mutual help instead of competition, self help instead of dependence are the major ones.<\/p>\n<p style=\"text-align: left\">Types of Co-operative Societies<\/p>\n<ul>\n<li><span style=\"line-height: 13px\"><span style=\"line-height: 13px\">Consumer&#8217;s Co-operative Society &#8211;\u00a0<\/span><\/span>The society aims to protect the interest\u00a0of general consumers by consumer goods available at a reasonable price.\u00a0They buy goods directly from the producers or manufacturers and thereby eliminate\u00a0the middlemen in the process of distribution. Kendriya Bhandar, Apna Bazar and\u00a0Sahkari Bhandar are examples of consumers\u2019 co-operative society.<\/li>\n<\/ul>\n<ul>\n<li>Producer&#8217;s Co-operative Society &#8211; \u00a0The society aims to protect the interest\u00a0of small producers by making items available of their need for production like raw\u00a0materials, tools and equipments, machinery, etc.<\/li>\n<\/ul>\n<ul>\n<li>Co-operative Marketing Society &#8211; \u00a0The society are formed by small producers\u00a0and manufacturers who find it difficult to sell their products individually. The society\u00a0collects the products from the individual members and takes the responsibility of selling\u00a0those products in the market.<\/li>\n<\/ul>\n<ul>\n<li>Co-operative Credit Society &#8211; \u00a0The society aims to provide financial support\u00a0to its members.\u00a0They accepts deposits from members and grants them\u00a0loans at reasonable rates of interest in times of need. Village Service Co-operative\u00a0Society and Urban Cooperative Banks are\u00a0examples of co-operative credit society.<\/li>\n<\/ul>\n<ul>\n<li>Co-operative Farming Society &#8211; \u00a0The society are formed by small farmers to\u00a0work jointly and thereby enjoy the benefits of large-scale farming. Lift-irrigation cooperative\u00a0societies and pani-panchayats are some of the examples of co-operative\u00a0farming societies.<\/li>\n<\/ul>\n<ul>\n<li>Housing Co-operative Society &#8211;\u00a0The Society are aims to provide residential\u00a0houses to members. They purchase land, develop it and construct houses or flats. Some societies also provide loans at low rate of interest to\u00a0members to construct their own houses. The Employees\u2019 Housing Societies and Metropolitan\u00a0Housing Co-operative Society are examples of housing co-operative society.<\/li>\n<\/ul>\n<p><a href=\"http:\/\/www.vskills.in\/certification\/accounting-banking-and-finance\">Click here for government certification in Accounting, Banking &amp; Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cooperation is an act of being helping that leads to being cooperative together What are Cooperative Societies and how do they help? This is a form of business concerns primarily the economic benefits to particular group rather maximizing the profit values as whole. The word cooperative derived from Co-operari, &#8216;co&#8217; means WITH and &#8216;oparari&#8217; means&#8230;<\/p>\n","protected":false},"author":87,"featured_media":26435,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_joinchat":[],"footnotes":""},"categories":[1519],"tags":[2497,2499,2498,2370],"class_list":["post-26434","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-accounting-banking-and-finance","tag-cooperation","tag-motives","tag-togetherness","tag-types"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Business Strategy : Cooperative Societies - Vskills Blog<\/title>\n<meta name=\"description\" content=\"What are Cooperative Societies and how do they help?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.vskills.in\/certification\/blog\/business-strategy-cooperative-societies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Business Strategy : Cooperative Societies - 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