Economics doubt !

[WhiteAngel]

Hey,
Can some one plz explain what exactly is a cooperative ??
And whether I have to learn the trade union structure ( like general secretary , national executive ) for paper 2 ?!!
Thanks in Advance

 

[Abdallah.Memon]

hi
i dont think you need to LEARN the trade union structure !
and about cooperative ..........i dont knw it either

 

[WhiteAngel]

hi
i dont think you need to LEARN the trade union structure !
and about cooperative ..........i dont knw it either

Lol
Ahaa i'll just read it then

 

[shefali]

co-operatives are owned and controlled by its members who run the business for their mutual benefit. Every member has an equal share in the ownership.
Key features:

1. owned by its members
2. members share any profit
3. members have limited liability
4. members have equal voting rights
5. directors appointed by members

 

[WhiteAngel]

co-operatives are owned and controlled by its members who run the business for their mutual benefit. Every member has an equal share in the ownership.
Key features:

1. owned by its members
2. members share any profit
3. members have limited liability
4. members have equal voting rights
5. directors appointed by members

Thank yuu