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Justify the following statement :The main objective of Co-operative society is to provide services to its members. |
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Answer» 1. The Co-operative Society is a voluntary association of persons formed for the purpose of promoting the interest of its members. It is different from all other organizations. 2. The main objective of a co-operative organization is not to make profit but to give service to its members. 3. The co-operative society is formed for the welfare of the people. 4. Co-operative societies are rightly called as service oriented organization. Maximisation of profit is not the aim. 5. Thus, the main objective of Co-Operative society is to provide services to its members. |
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