Download App

Forms of Business Organisation-2 — OCM STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceOCMForms of Business Organisation-23 Marks
Question
Why there is voting right per head in Co-operative Society ?
✓

Answer

  • The objective of Co-operative Society is upliftment of members. Profit is considered subsidiary. Economically weak persons become members of this society.
  • More capital is not expected from them. The purpose of the society is different from that of the company. Its method of functioning is different. Society does not give importance to capital.
  • It gives importance to human element. No one, or no group is allowed to control the management and become director. For this reason, why voting right is kept per head and not per share.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "3 Marks Each" from Forms of Business Organisation-2→Forms of Business Organisation-2 — all question types→OCM STD 11 Commerce question papers→Gujarat Board STD 11 Commerce question papers→Gujarat Board question paper generator→

Similar questions

Why has sole proprietorship business a short list?
→
Difference between Employment and profession
→
State the advantages of Co-operative Society ?
→
Write short note on 'Bond'.
→
"Commerce includes trade." Is this statement true or not? Clarify and explain the difference.
→
How is internal trade easier than foreign trade?
→
“Warehouse service is a blessing for wholesalers “ – Discuss.
→
“ post Department is the most reliable among people “ – Discuss.
→
Difference between Natural Risks and Man- made Risks
→
"The ownership of the Internet is not held by anyone. Various organizations manage different parts of the network."
In this context, what methods can be used to implement a computer network? Please explain.
→