Cooperatives are classified as one of the business organizations but operate in a special way different from all other forms of business enterprises. The distributive nature of cooperative provided that they must be owned, used and controlled by their members. In view of this, cooperatives are organized and managed through the system of large or small, multipurpose or single purpose and central or federal. All these systems put together are under direct coordination and supervision of the cooperative federation.
Yahaya, (2001) notes the cooperative federation is an organization where there are basic units at each level that determine on their own initiative. The relationship between the federation which is a higher organ and the secondary societies which are lower organs is that there is a dividing line where the lower organs reserve to themselves certain functions and delegate others to the higher organs. Though the cooperative federation controls the activities of cooperative to ensure efficiency, it has by the affiliated societies since such affiliated societies do not surrender their autonomy to the cooperative federation.CITE THIS WORK
- Related Works
- The Role Of National Board For Technical Education (nbte) In Promoting Cooperative Education (a Case Study Of The Three Federal Cooperative Colleges In Nigeria)
- The Analysis Of Loan Admistration In Financial Institution In The Nigeria Economy (a Case Study Of Nigeria Agricultural Co-operatives And Rural Development Bank)
- The Role Of Cooperative Societies In Reducing Unemployment (a Case Study Of Selected Cooperative Societies In Aba North Local Government Area)
- Co-operative Education And Training In Tertiary Institutions In Nigeria (a Case Study Of The Department Of Co-operative Economics And Management (cem), Institute Of Management And Technology (imt) Enugu
- The Contribution Of Agricultural Cooperative Societies In Improving Food Production In Ebonyi State (a Case Study Of Selected Agricultural Cooperative In Ishi-elu Local Government Area) Ebonyi State
- Effective Administration Of Credit In Co-operative Enterprise (a Case Study Of Selected Co-oeratives In Enugu South L.g.a Of Enugu State
- A Critical Assessment Of The Importance Of Studying Co-operative Laws And Rules As A Qualifying Course
- The Potentials For A Co-operative Thrift Credit Society In A Higher Education Institution (a Case Study Of I.m.t, Enugu)
- Increasing The Agricultural Output Through The Activities Of Co-operative Societies In Enugu State (a Case Study Of Selected Agricultural Societies In Igbo Etiti L.g.a, Enugu State)
- Effectiveness Of Cooperatives In Coffee Value Chain: An Analysis In Sasiga District Of Oromia Region, Ethiopia