What are the goals and objectives of cooperatives?
The primary objective of every cooperative is to help improve the quality of life of its members. Towards this end, the cooperative shall aim to:
(a) Provide goods and services to its members to enable them to attain increased income, savings, investments, productivity, and purchasing power, and promote among themselves equitable distribution of net surplus through maximum utilization of economies of scale, cost-sharing and risk-sharing;
(b) Provide optimum social and economic benefits to its members;
(c) Teach them efficient ways of doing things in a cooperative manner;
(d) Propagate cooperative practices and new ideas in business and management;
(e) Allow the lower income and less
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Its principal purpose is to provide employment and business opportunities to its members and manage it in accordance with cooperative principles; and
(u) Other types of Cooperatives : as may be determined by the Authority.
What are the categories of cooperatives?
Cooperative shall be categorized according to membership and territorial consideration. In terms of membership, cooperatives shall be categorized into:
Primary-the members of which are natural persons. Secondary-the members of which are primaries. Tertiary-the members of which are secondary cooperatives.
Thus, those with cooperative memberships are considered federations or unions as the case may be. In terms of territory, cooperatives shall be categorized according to areas of operation which may or may not coincide with the political subdivisions of the country. Those organized by minors shall be considered a laboratory cooperative and must be affiliated with a registered cooperative. It is governed by special guidelines promulgated by the
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This financing shall be in the form of blanket loans to qualified cooperatives, without need for individual processing.
How to organize a Cooperative?
Organizing a cooperative can be complex and simple. It requires an understanding of the basic needs of the prospective cooperative members. It demands patience from the organizer who must make the cooperative's long-term goals and objectives, and its visions a real part of the members' lives.
But it can be too easy because the Cooperative Code of the Philippines (RA 6938) has devised very clear-cut steps for the cooperative organizer and members. The following are the basic information that the prospective members should understand before organizing a
The company's objective is to discharge the responsibility as leaders in its trade by acting with complete integrity, by carrying out its work to the public good and to the quality of life in the community, to provide unrivalled value to its customers in the quality of the goods it sells, in the competitiveness of its prices and in the range of choice it offers.
Formation of a partnership and the formation of a corporation have varying procedures and difficulties associated with them.
‘ Organisations of workers set up to improve the status, pay and conditions of employment of its members’.
6. The ________________ establishes economic policies and rights that should be ensured for everyone in the world:
This department support businesses when dealing with disciplinary issues in a business such as poor time keeping or poor performance towards colleagues or business. This business deals with issues professionally and is responsible for recruitment and selection of candidates for specific role. This department provides training and induction programmes for new employees.
Describe how your organisation obtains the co-operation of its employees through the contract of employment and employee involvement techniques.
Group work and required tasks are to be distributed evenly or by specific strengths of a given member. Responsibilities are to be balanced by how much one is capable of doing and how adept or willing they are towards working on a given task. All members are to put their best efforts in any given task assign that is assigned to them.
D. identify the things it does well as an organization and the things it needs to improve
The introduction of social media platforms has expedited communication (Ellison & Boyd, 2008). These sites enable individuals to create a personal or professional profile. Social media platforms such as Facebook, Twitter, YouTube, and Instagram have changed the way people communicate with each other. Lee (2010) noted that social media has come to be vastly popular for common people. This is because it allows individuals to deliver content or interact with it. Many organizations, such as healthcare, higher education, and government agencies utilize social media as a communication tool (Antheunis, Tates, & Nieboer, 2013; Waters, Burnett, Lamm, & Lucas, 2009). Recently, Cooperative Extension has utilized social media to build relationships with clientele and deliver educational programs, but this utilization is still not on a large scale (Kluchinski, Kinsey, Komar, &
The plan contains information about the organization that should be controlled and closely held. This information could be leveraged by your
The purpose of this paper is to describe a selected organization or workgroup that has
business purpose. All-in-all their promise is to have the best quality in customer service with a
It is a publicly funded independent organisation that aims to promote better employment relations. As well as offering advice and training on a multitude of issues.
An organization, put in simple terms is a group or assembly of people working alongside one another to achieve common goal or objective through a division of labor and or responsibilities. Business organizations in free market economies are formed to provide services or deliver goods to ultimate consumers for profit. Generally speaking, people form an organization because it provides a means of using individual strengths within a group to achieve more than can be accomplished by the aggregate efforts of group members working individually.
Formed to carry out a particular task, members will be people with common interests, usually from the same background and attitude.