Advantages.
• Goods involved are of high quality
• Consumer cooperatives sells goods to consumers at a fair price.
• There is no involvement of middlemen because they buys goods from producers.
• They can offer credit facilities to their members.
• They can pay interest on capital to the members.
• They sell variety of goods to the members at a place where they can easily get them.
Disadvantages.
• Consumer cooperatives can be easily mismanaged.
• They face stiff competition from large scale incomes.
• They may not afford to hire qualified staff.
• Raising of capital is a problem because majority of their members have low incomes.
• The reluctance of nonmembers to buy from these shops lowers the turn over.
skilled writter answered the question on May 15, 2018 at 05:46
- Outline the purposes of producer cooperatives.(Solved)
Outline the purposes of producer cooperatives.
Date posted: May 15, 2018. Answers (1)
- State seven demerits of partnership.(Solved)
State seven demerits of partnership.
Date posted: May 15, 2018. Answers (1)
- List eight items contained in the partnership agreement(Solved)
List eight items contained in the partnership agreement
Date posted: May 15, 2018. Answers (1)
- State four advantages and four disadvantages of public corporations.(Solved)
State four advantages and four disadvantages of public corporations.
Date posted: May 15, 2018. Answers (1)
- Discuss five trends in forms of business units.(Solved)
Discuss five trends in forms of business units.
Date posted: May 15, 2018. Answers (1)
- Outline the factors an organisation might consider when choosing a supplier(Solved)
Outline the factors an organisation might consider when choosing a supplier
Date posted: May 14, 2018. Answers (1)
- Describe the methods of production.(Solved)
Describe the methods of production.
Date posted: May 14, 2018. Answers (1)
- Outline the objectives of a non-profit-making organisation(Solved)
Outline the objectives of a non-profit-making organisation
Date posted: May 14, 2018. Answers (1)
- Explain the benefits of training employees.(Solved)
Explain the benefits of training employees.
Date posted: May 14, 2018. Answers (1)
- Compare the use of internal and external methods of recruitment(Solved)
Compare the use of internal and external methods of recruitment
Date posted: May 14, 2018. Answers (1)
- Describe the documents that could be used in the recruitment process.(Solved)
Describe the documents that could be used in the recruitment process.
Date posted: May 14, 2018. Answers (1)
- Explain how internal factors could influence the success of the organization.(Solved)
Explain how internal factors could influence the success of the organization.
Date posted: May 13, 2018. Answers (1)
- Describe 3 methods of ensuring good customer service.(Solved)
Describe 3 methods of ensuring good customer service.
Date posted: May 13, 2018. Answers (1)
- Compare the features of a private limited company to a sole trader(Solved)
Compare the features of a private limited company to a sole trader
Date posted: May 13, 2018. Answers (1)
- Explain the benefits of branding to the business(Solved)
Explain the benefits of branding to the business
Date posted: May 13, 2018. Answers (1)
- How would you perform a risk assessment(Solved)
How would you perform a risk assessment
Date posted: May 13, 2018. Answers (1)
- How do you rank or prioritize the risks?(Solved)
How do you rank or prioritize the risks?
Date posted: May 13, 2018. Answers (1)
- Differentiate between qualitative and quantitative risk analysis methods, give an example of drawback and benefit for each. (Solved)
Differentiate between qualitative and quantitative risk analysis methods, give an example of drawback and benefit for each.
Date posted: May 13, 2018. Answers (1)
- Under Risk Management Plan, differentiate between the following terms:
i) Risk avoidance
ii) Risk transfer
iii) Risk mitigation
iv) Risk acceptance
v) Residual risk
(Solved)
Under Risk Management Plan, differentiate between the following terms:
i) Risk avoidance
ii) Risk transfer
iii) Risk mitigation
iv) Risk acceptance
v) Residual risk
Date posted: May 13, 2018. Answers (1)
- What are the four basic strategies available for controlling risk? (Solved)
What are the four basic strategies available for controlling risk?
Date posted: May 13, 2018. Answers (1)