Thursday 29 May 2014

Understanding Book: WHAT CO-OPERATIVE SOCIETIES ARE NOT




8.1.      To get accurate answer to this idea is to position co-operative side by side with other organization with the same goals, but not with the same structure. For instance:-
1.      Co-operative is not trade unions.
2.      Co-operative are not political party
3.      Co-operatives are not parastatals because these are extra ministerial organizations
4.      It is also very clear that Co-operative are not like Lions Club, ST. Johns Brigade, or Red Cross among others. Because these are humanitarian or philanthropic organizations
5.      Co-operatives are not private companies or public limited companies who are quoted in the Nigeria stock exchange, as they are profit oriented organizations’.

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