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Cooperative PrinciplesVoluntary and Open Membership.Democratic Member Control.Member Economic Participation.Autonomy and Independence.Education, Training and Information.Cooperation among Cooperatives.Concern for Community.
Cooperative PrinciplesOpen and Voluntary Membership.Democratic Member Control.Members' Economic Participation.Autonomy and Independence.Education, Training, and Information.Cooperation Among Cooperatives.Concern for Community.01-Dec-2016
Co-op Ownership and ControlThe people who benefit from the products or services of a cooperative business own the cooperative business. In the case of a grocery co-op, the people who shop at the store are owner-members.
Cooperatives are democratic organizations controlled by their members those who buy the goods or use the services of the cooperative who actively participate in setting policies and making decisions.
The Seven Cooperative Principles, Explained:Voluntary and Open MembershipCooperatives are voluntary organizations, open to all persons able to use their services and willing to accept the responsibilities of membership, without gender, social, racial, political, or religious discrimination.
The 7 Cooperative Principles Cooperatives around the world generally operate according to the same core principles and values, adopted by the International Co-operative Alliance in 1995. Cooperatives trace the roots of these principles to the first modern cooperative founded in Rochdale, England in 1844.
A cooperative manager needs to operate an efficient and effective business organization, respond to their competitive environment, manage human resources, meet customer needs and comply with all applicable rules and regulations. Those challenges are obviously not unique to the cooperative business model.
Sir no other provisions of the above Regulations restrict or disqualifies member of same family for admission in any cooperative society. The first TEN members must be from TEN families after that there is no bar for two families to join the CHS.
Types of Cooperatives1) Retail Cooperatives. Retail Cooperatives are a type of "consumer cooperative" which help create retail stores to benefit the consumers making the retail our store.2) Worker Cooperatives.3) Producer Cooperatives.4) Service Cooperatives.5) Housing Cooperatives.
Number 7 is Concern for Community, while focusing on member needs, cooperatives work for the sustainable development of their communities through policies accepted by their members. In my personal opinion the second principle is one of the most important principles that any Cooperative could follow.