Mgt211 GDB Fall 2020

 

What could be the major causes behind the failure of a Cooperative Society and how it could be fixed?

 

Two point on

1.    Causes of failure of a  Cooperative Society

2.    Possible solution?

Answer.

1. Corruption:

In a way, lack of profit motive breeds fraud and corruption in management. This is reflected in misappropriations of funds by the officials for their personal gains.

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