What Is The Advantage Of Cooperative Business?
Cooperative Business is an association of people who are united voluntarily to meet common social, cultural and economic needs. This is done by a jointly owned enterprise. There are many advantages of Cooperative business such as: – It serves the interest of the members rather than the capital invested. – It promotes self help, self responsibility and self organization. – It is considered as a more stable form of business. – This kind of business is more responsible to the customers. – This kind of organization gives more job satisfaction and variety.
