type of organisation against one’s own requirements. One of the key features of the NGC is its ability to control supply or access to the cooperative's operations. In his memoirs, one of the earliest ASEAN Secretaries-General, Narciso G. Reyes of the Philippines, described the ASEAN organizational structure and process as “a flying circus”-not in any pejorative sense but in delighted amazement that in spite of its determined avoidance of centralization and its dizzying scheme of rotation, it worked fine. The cooperative form of organization offers the following advantages: 1. Which one of the following can result from reducing the size of a field in a table? A. This paved the way for competitors to compete in more better manner. Motivating employees. Here on AglaSem Schools, you can access to NCERT Book Solutions in free pdf for Business Studies for Class 11 so that you can refer them as and when required. - Health & Physical MCQs - Health & Physical Education MCQs Part 7 Connecting each newcomer with at least 12 colleagues has two important effects on the emergence of a cooperative mindset. They are not freely transferable; unless the intended recipient is a spouse, descendant, or other close relative, transfers require the agreement of half of the shareholders (since Ord. Which one of the following is not a member of the Shanghai Cooperation Organisation? 20. Cash trading: The cooperative societies sell their products to outsiders only in cash. c. Driver license records. D. Selecting the most effective communication channel. The cooperative society does not maintain any secrecy in business because the affairs of the society is openly discussed in the meetings. The Shanghai Cooperation Organisation (SCO), or Shanghai Pact, is a Eurasian political, economic, and security alliance, the creation of which was announced on 15 June 2001 in Shanghai, China by the leaders of China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Uzbekistan; the Shanghai Cooperation Organisation Charter, formally establishing the organisation, was signed in June 2002 … [AI 2011] (a) Cooperative Bank (b) Commercial Bank (c) Grameen Bank (d) Land Development Bank. Cooperatives are democratically owned by their members, with each member having one vote in electing the board of directors. One vote only Even though some shareholders may have a greater involvement or investment than others, they still only get one vote. Values B. Beliefs C. Paradigm D. History . a. Equality of voting rights: Equality is the essence of co-operative undertakings. Organisations use this entry mode by entering an agreement with another foreign or local organisation to use its distribution network (Kotler & Armstrong 2012). A person … So, on the one hand, the return on an investment will be higher and on the other, the cost of operation will be lesser. 2 and 3 are correct C. 1 and 4 are correct D. 1,3 and 4 are correct 20: Consider the following office equipments used in various offices: 1. Dictaphone 2. need to protect their economic interests in the face of possible exploitation at the hands of middlemen obsessed with the desire to earn greater profits. Professor Muhammad Yunus is the founder of which one of the following banks? / Watter een van die onderstaande is nie 'n vraag wat ‘n organisasie hoef te vra wanneer hy sy missieverklaring formuleer nie? 4 Main Factors that Influence Group Performance within Organisations. Every member is entitled to one vote, irrespective of the number of shares held. NAFED promotes the inter state trade as well as export of certain agricultural commodities to many foreign countries. Cooperative supply chain relationships developed to enhance the overall business performance of both parties is a definition of: third-party logistics supply chain collaboration dovetailing relationship marketing 17. The Indian Cooperative Societies Act 1912 . Its registration is very simple and can be done without much legal formalities. Our experts are building a solution for this . 2. Open Membership- Membership in a cooperative organisation is open to all people having a common interest. 11. A cooperative (also known as co-operative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned enterprise". In fact, the business and the man are the same, it does not have a separate legal entity. Answer. Fax 3. Thus, the management of a co-operative society is democratic. A. 20. The legal formalities must be minimum. Strategic alliances, joint ventures, and cooperative agreements between domestic and foreign firms are a potentially fruitful means for the partners to. World Organisations Questions & Answers for Bank Exams : Which one of the following countries is NOT a member of ASEAN? Which one of the following is not a function of a leader in an organisation? One member – One vote. Easy to Form: You should be able to start a venture easily. There are some other types of business and we suggest you skim it quickly to know about all of them. One of the primary advantages of a SARL is limited liability; an owner or other investor in the company cannot be liable for more than they have contributed to the company’s capital. 14 advantages and disadvantages of cooperative business are very important to understand if you are looking to start one. Key factors to decide. But secrecy is very important for the success of a business organisation. Consider the following if you decide to register as a co-operative: Membership World Organisations Questions & Answers for Bank Exams : Which one of the following statements is not correct in respect of the South Asian Association for Regional Cooperation (SAARC)? The Organisation for Economic Co-operation and Development (OECD) is a group of 37 member countries that discuss and develop economic and social policy. Cooperative exporting is another exporting option that organisations can use as a foreign market entry strategy. A. Too much initial capital should not get locked up. C. Resolving conflict. EASY. 2). Which one of the following ... business studies. There are several factors influencing performance of groups. NAFED is responsible for the movement of the essential commodities from surplus areas to scarcity areas. Upvote(1) How satisfied are you with the answer? NCERT Solutions Class 11 Business Studies Chapter 2 Forms of business organisation. 4. Which of the following best describes the cultural web? Procedural hurdles should not be there. Typewriter 4. Features of Co-operative Society. Which one of the following is NOT one of the four perspectives that a balanced scorecard views an organisation from? d. Personal address book. Principles of Cooperatives. Letter opener The correct order in which they are used is A. a. 19. Login to Bookmark: Previous Question: Next Question: Report Error: Add Bookmark . While no one culture is the best or worst of the bunch – each has its pros and cons – there’s something to learn from companies that fall under any of these categories. The prominent among these are as follows: (1) Composition of the Group: It refers to the extent of homogeneity in members of the group. 1. Calvert Cooperative organisation is “a society which has its objectives for the promotion of economic interests of its members in accordance with cooperative principles. A. [AI 2011] (a) Medium of exchange (b) Lack of divisibility (c) A store of value (d) A unit of account. Which one of the following is not a typical question dealt with by an operations managers? what the linkages are _____ is knowledge that can be easily articulated and communicated; _____, on the other hand, is knowledge that is not easily communicated. To improve access to new markets. C. To enable greater opportunities for employee … A. B. Having a brief knowledge about a cooperative business will be handy before getting into the pros and cons discussion. Which of the following is not one of the four layers of organisational culture? Of entity the NGC is its ability to control supply which one of the following is not a cooperative organisation access the. 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