CBSE BoardEnglish MediumSTD 12 CommerceEntrepreneurshipEntrepreneurial Planning3 Marks
Question
Write in brief about Co-operative organizations.
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Answer
Motive: Its main motive is not earning profit but is mutual help.
Principle: It works with the principle of each for all and all for each.
Definition: "Co-operation is a form of organisation where in persons voluntarily associate together as human beings on the basis of equality PUSHTET for the promotion of the economic an interest of themselves." H.C. Calvert.
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