Teachers of different schools in west …

Co-operative form of organizations.

1. Co-operative housing societies: They are formed to provide residential accommodation to the members. They undertake the development of land and/or construciton of house/flat on the land.

The Characteristics of Co-operative form of organizations are as under:-

1. They can maintain direct relations with the manufacturers or wholesalers.
2. They can ensure a steady supply of goods and services of high quality at reasonable price.
3. They can help producers in purchase of raw material for production of goods and services.
4. They can help their members sell their goods at a profit.
5. The funds of the society are used in giving loans to needy members on easy terms.
6. Co-operatives also help small farmers to cultivating land collectively.
7. They also help in providing land or flats to their members.