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Gaurav Seth 5 years, 8 months ago
Co-operative form of organizations.
- 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:-
- They can maintain direct relations with the manufacturers or wholesalers.
- They can ensure a steady supply of goods and services of high quality at reasonable price.
- They can help producers in purchase of raw material for production of goods and services.
- They can help their members sell their goods at a profit.
- The funds of the society are used in giving loans to needy members on easy terms.
- Co-operatives also help small farmers to cultivating land collectively.
- They also help in providing land or flats to their members.
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Gaurav Seth 5 years, 8 months ago
Reasons responsible for the growth of international business :
1. Unequal distribution of resources : Countries cannot produce equally well or cheaply all that they need because of unequal distribution of natural resources among them or differences in their productivity levels. Therefore, some countries have access to produce some products at lower cost that what other nations can do. Hence, the countries find it easy to produce those goods and services in which they have specialization and cost advantage and procuring the rest through trade, with other countries. This lead to emergence of international business.
2. Geographical specialisation : It is because this reason that the trade between two countries takes place e.g. developing countries are labour abundant specialise in producing and exporting garments. Since they lack capital and technology, they import textile machinery from the developed nations which the latter are in a position to produce more efficiently.
3. To avail the benefits of cheap imports : Firms prefer to import those products and services which are available at lower prices in other countries and export the goods to other countries in which they have comparative cost and quality advantage.
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KPO is a firm of outsourcing in which knowledge related and information-related work is called out by the workers in a different company or by a subsidiary of the same organisation which may be in the same country or in an offshore location to save cost.
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Shubham Jain 5 years, 8 months ago
3Thank You