Write a note on Consumer Co – operative Society?

1.	Write a note on Consumer Co – operative Society?
Answer» A Consumer Co – operative Society is organized by consumers. It sells quality goods at better prices to the consumers. Features: 1. It can sell the goods at a lesser price rather than the traditional retail stores. 2. They also supply essential goods through Public Distribution System (PDS). 3. Nationally, the most widely used co – operative form is the credit union. 4. Credit unions are essentially co – operatives of people that use banking services. 5. It purchases goods directly from the manufacturers, which helps to fix the lower price. – Example – Students Co – operative Stores, Supermarkets, etc.

Answer»

A Consumer Co – operative Society is organized by consumers. It sells quality goods at better prices to the consumers.

Features:

1. It can sell the goods at a lesser price rather than the traditional retail stores.

2. They also supply essential goods through Public Distribution System (PDS).

3. Nationally, the most widely used co – operative form is the credit union.

4. Credit unions are essentially co – operatives of people that use banking services.

5. It purchases goods directly from the manufacturers, which helps to fix the lower price. –

Example – Students Co – operative Stores, Supermarkets, etc.

Discussion

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