A co-operative society is an association of individuals who voluntarily pool their resources and carry on the business for their own welfare and not for a profit seeking business. It is also a development which will help to achieve the economic and social development of the State, and also support the national economy, because co-operation is one of the most important foundations that help in the development of local communities . It is democratic form of organization in which the consumers are the owners of the business. From manager to clerk all are the owners of the business and all the management is in their hands. Muharraq co-operative society established in 1986 . With about 3300 members each has a number of shares , with a board of …show more content…
- have big office and development and increase the services for the members . 1.3 MISSION Participate in projects to help raise the name of the Assembly. Also hire and open stores that help society. 1.4 COMPANY GOALS Muharraq consumer co-operative society goals are as follows: 1) Open shops in busaiteen area because it has great impact on the members. 2) Diversification of society's activities according to the law of cooperation. 3) Sell the land donated by his Majesty the King and invest the profits in other projects. 4) Open the markets that previously closed by the Assembly. 1.5 SERVICES OFFERED 1) The sale of consumer products it's better because the price suppose to be cheaper than other places. 2) A petrol station in Muharraq in which the members and non-members can use. 3) Rented shops that are important to the citizens like supermarket , fruit shop , barber , bakery ,tailor , fish shop and laundry . 1.6 ORGANIZATIONAL STRUCTURE Muharraq consumer co-operative society organizational structure is 1.7 FUNCTIONS OF THE OFFICERS Mahmoud Mohamed seyadi Chairman of the Board -Responsible for the General Assembly and Board of Directors. -Sign the checks and Fund transfers. -Represent the Association abroad. Ahmed Mohammed Al Banna Vice Council - Be responsible in case of absence of the Chairman of the Boarder commissioned from him . -Investment
Attracts customers with other preferences and may compete broadly in the industry by branching out in new locations
There are within the city ten principal squares or market places, besides innumerable shops along the streets. .... On the nearer bank ... stand large stone warehouses provided for merchants who arrive from India and other parts with their goods and effects. They are thus situated conveniently close to the market squares. In each of these, three days in every week, from forty to fifty thousand persons come to these markets and supply them with every article that could be desired.
The next thing the board needs to do is understand what it was created to do and what each person's responsibilities are. A document should be created for all board members to review that outlines the three duties(duty of care, duty of loyalty, and the duty of obedience) as well as all legal responsibilities of the collective board and provide detailed descriptions of each position. This process will ensure that the board
• 29. You must establish that anyone you delegate to is able to carry out your instructions
Co-operative: An incorporated form of business that is organized, owned, and democratically controlled by the people who use its products and services, and whose earnings are distributed on the basis of use of the co-operative rather than level of investment.
As seen in the map in figure 4, the town facilitates the requirements such as grocery and convenient stores than boutiques or outlets. [Retail and hospitality are the main
The action I want people to take is (donate money, sign this position, volunteer time, etc.):
All businesses have a number of stakeholders each with individual interests in what the business does, the owners (In co-ops case, the members) will want good financial gains from their investments. Businesses such as co-op should be managed with the interests of all stakeholders in mind.
Explain the reasons for monitoring and reviewing the suitable duties, the responsible person and when it should be reviewed.
A coummunity is a group where people take care of their own. They have their neighbors back and ready to help at any moment. Service to coummunity is very important but we often over look what the point is. Coummunity service is not a service that is forced on one or simply to find what there is to be done just to build a resume. The purpose of true coummunity service is when the coummunity is in need you do what you can to help it. Sacrifice for the coummunity is something rarley seen. Yet we often find our coumminites in need, begging, asking, and screaming for help. Those who are willing to help and when the choas settles those are soceity’s true heros.
Many people shop at malls and by having small businesses in the mall the people will buy stuff in the stores.
It is the board's responsibility to consider and authorize a suitable remuneration package for the company's chief executive officer (CEO), make recommendations with respect to the attractiveness of dividends and dividends pay out, approve stock splits, form the audit committees, approve the company's financial statements, oversee management’s involvement in the shareholders and other stakeholders long-term interests and recommend or discourage major decisions such as acquisitions and mergers.
Within the environment of the organization, society was very important to both businesses but in differing ways. Fletcher Jones’ dream was to build not only a factory but a workers cooperative where every employee would be a part owner of the company and as a result would benefit directly from it’s success. However, while Greg Brenneman (1998), the COO of Continental Airlines, refers to we as his 40,000 coworkers at Continental, they are, co-workers not co-owners.
The Office of the Chairman is responsible for the overall operation of the Company and implementing the policies set by the Board of Directors (Elliott 34). See Appendix B for the names and positions of top managers.
My interest in community organizing and building began with the passion and knowledge for the well-being of others my father instilled in my life. My father was the late Chief Elmer Manatowa Jr of the Sac and Fox Nation, Native Tribe of Oklahoma. I have been an active Governing Council member (all adult members) of my Tribe for many years. I landed my first real job, Planning Department secretary, after taking a business course at the local technical .school. In that position, I had the opportunity to attend a Tribal Sovereignty Symposium organized by the Federal, State, and Tribal organizations. This was my first taste of community organizing and community building. It was the fourth symposium of its kind. The topics included Indian law, environmental issues, law enforcement, juvenile justice, arts, taxation, spirituality, preservation, state compacts, and Tribal immunity. There were two Senate Bills, 299 and 667. Bill 299 allowed certain protections for protecting land royalties and mineral rights. The protections included oil and mineral operator’s exclusion from drilling on individually owned Indian Country lands. Bill 667 referred to the health and human service regarding Indians.