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
- Unemployment And Co-operative Societies (a Case Study Of Enugu East Local Government Area)
- Credit Mobilization: Challenges Of Co-operative Societies In Anambra State: Implications For Rural Development (a Case Study Of Selected Agricultural Cooperative Societies In Awka North And South Local Government Areas)
- The Participation Of Women In Co-operatives In Enugu State (a Case Study Of Enugu North Lga And Ezeagu Lga Of Enugu State)
- Credit Mobilization Challenges Of Credit Cooperative Societies In Enugu State, Its Implications For Rural Development (a Case Study Of Selected Credit Cooperative Societies In Enugu North Local Government Area Of Enugu State)
- Democratic Control In Cooperative
- The Role Of Nardb In The Financing Of Agricultural Co-operatives Soicety In Ngeria (a Case Study Of Nardb Enugu)
- Causes Of The Ineffectiveness Of The Cooperative Sector In Developing The Economy (case Study Of Krpc Multi Purpose Cooperative Society Kaduna)
- The Effects Of Credit Administration And Control On The Development Of Cooperative Societies
- Co-operative And Economic Development [a Case Study Of Oji-river Local Government Area 2000-2004]
- Reducing Unemployment Through Co-operative Societies (case Study Of Anambara East L.g)
