c. Driver license records. The NCERT Solutions to the questions after every unit of NCERT textbooks aimed at helping students solving difficult questions. Its registration is very simple and can be done without much legal formalities. Principles of Cooperatives. Easy to Form- A cooperative society is a voluntary association and may be formed with a minimum of ten adult members. what the linkages are _____ is knowledge that can be easily articulated and communicated; _____, on the other hand, is knowledge that is not easily communicated. 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. 2). Which of the following best describes the cultural web? B. Fixing the remuneration package of the employees. Fax 3. Dictaphone 2. A. The cooperative society does not maintain any secrecy in business because the affairs of the society is openly discussed in the meetings. Organisations use this entry mode by entering an agreement with another foreign or local organisation to use its distribution network (Kotler & Armstrong 2012). But secrecy is very important for the success of a business organisation. 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 … The Organisation for Economic Co-operation and Development (OECD) is a group of 37 member countries that discuss and develop economic and social policy. B. Every member is entitled to one vote, irrespective of the number of shares held. 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. 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. Which one of the following is not a feature of money? Having a brief knowledge about a cooperative business will be handy before getting into the pros and cons discussion. Our experts are building a solution for this . The cooperative form of organization offers the following advantages: 1. C. To enable greater opportunities for employee … 4. 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. A. To improve access to new markets. … Professor Muhammad Yunus is the founder of which one of the following banks? Bank account records. Which one of the following ... business studies. NCERT Solutions Class 11 Business Studies Chapter 2 Forms of business organisation. In fact, the business and the man are the same, it does not have a separate legal entity. Cash trading: The cooperative societies sell their products to outsiders only in cash. Delegation is not possible in the case of small organisations Of these statements: A. Values B. Beliefs C. Paradigm D. History . [AI 2011] (a) Medium of exchange (b) Lack of divisibility (c) A store of value (d) A unit of account. Each member has one vote, irrespective of the number of shares held by him. So, on the one hand, the return on an investment will be higher and on the other, the cost of operation will be lesser. Which one of the following is not a question an organisation needs to ask when formulating its mission statement? 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)? type of organisation against one’s own requirements. Key factors to decide. Various forms of business organisations from which one can choose the right one include: (a) Sole proprietorship, (b) Joint Hindu family business, (c) Partnership, (d) Cooperative societies, and (e) Joint stock company. 4 Main Factors that Influence Group Performance within Organisations. NAFED promotes the inter state trade as well as export of certain agricultural commodities to many foreign countries. Offers opportunities to transfer skills, expertise, technical know-how, or other capabilities from one business to another. 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. Open Membership- Membership in a cooperative organisation is open to all people having a common interest. Strategic alliances, joint ventures, and cooperative agreements between domestic and foreign firms are a potentially fruitful means for the partners to. Airline reservation systems. a. Consider the following statements about the National Cooperative Marketing Federation of India Limited (NAFED) 1. A. Letter opener The correct order in which they are used is A. 1234 B. Which of the following is not one of the four layers of organisational culture? Too much initial capital should not get locked up. Which one of the following is not a member of the Shanghai Cooperation Organisation? A. Which one of the following is NOT a strategically beneficial reason why a company may enter into strategic partnerships or cooperative arrangements with key suppliers, distributors, or makers of complementary products? … Article shared by . Ongoing educational requirements Co-operatives require ongoing cooperative education programs for members. Sole Proprietorship in simple words is a one-man business organisation. / Watter een van die onderstaande is nie 'n vraag wat ‘n organisasie hoef te vra wanneer hy sy missieverklaring formuleer nie? MCQs: Which one of the following is not considered as an organisation ? 12. Team-first Corporate Culture aka “the comrade” Team-oriented companies hire for culture fit first, skills and experience second. Features of Co-operative Society. A part of the profits, not exceeding ten percent can be used for promoting the welfare of the locality in which the cooperative society is located. 20. D. Selecting the most effective communication channel. C. Resolving conflict. Furthermore, a sole proprietor is a natural person(not a legal person/entity) who fully owns and manages this type of entity. Easy to Form: You should be able to start a venture easily. Which one of the following is not a function of a leader in an organisation? 20. 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. World Organisations Questions & Answers for Bank Exams : Which one of the following countries is NOT a member of ASEAN? Financial C. Customer D. Learning and Growth One member – One vote. A representation of the politics in an organisation B. 14 advantages and disadvantages of cooperative business are very important to understand if you are looking to start one. 2. 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. One vote only Even though some shareholders may have a greater involvement or investment than others, they still only get one vote. Which one of the following can result from reducing the size of a field in a table? In other types of cooperatives, members can enter and exit as they please, and cooperatives operating without marketing contracts with their members have no way to guarantee a specific operating capacity at any one time. Answer. 2. a. Which of the following is NOT one of the elements of a business model? There are several factors influencing performance of groups. This paved the way for competitors to compete in more better manner. Any person can become a member of the society following these rules and regulations. 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. d) One which can be the same person as the director. Consider the following if you decide to register as a co-operative: Membership d. Personal address book. The legal formalities must be minimum. Equality of voting rights: Equality is the essence of co-operative undertakings. b. All of these. [AI 2011] (a) Cooperative Bank (b) Commercial Bank (c) Grameen Bank (d) Land Development Bank. Cooperative exporting is another exporting option that organisations can use as a foreign market entry strategy. To expedite the development of promising new technologies or products. The prominent among these are as follows: (1) Composition of the Group: It refers to the extent of homogeneity in members of the group. Which one of the following is NOT one of the four perspectives that a balanced scorecard views an organisation from? Typewriter 4. Upvote(1) How satisfied are you with the answer? Login to Bookmark: Previous Question: Next Question: Report Error: Add Bookmark . Thus, the management of a co-operative society is democratic. A. A. 19. Motivating employees. A) Russia : B) Kazakhstan : C) Ukraine: D) Uzbekistan : Correct Answer: C) Ukraine: Part of solved International Organisations questions and answers : General Knowledge >> Economy >> International Organisations. Question 10 An organisation running a business has the following attributes: the assets belong to the organisation, it can create a floating charge over its assets, change in membership does not alter its existence, and members cannot transfer their interests to others. 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". And manages this type of entity views an organisation from organisation is open to all people having a brief about... Commodities from surplus areas to scarcity areas in a cooperative organisation is open to all people having a interest! 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