Select Currency
Translate this page

STRENGTH AND WEAKNESS OF COOPERATIVE SOCIETIES

Format: MS WORD  |  Chapter: 1-5  |  Pages: 56  |  1709 Users found this project useful  |  Price NGN5,000

  DOWNLOAD THE FULL PROJECT

STRENGTH AND WEAKNESS OF COOPERATIVE SOCIETIES

 

CHAPTER ONE

1.0     INTRODUCTION

Abia State is one of the states that was created in August 1991 by General I. B. Babangida. The head of state inherited a total number of 3.758 cooperative societies from Imo State. But this figure increased immensely as a result of individual desires and government encouragement together with the benefit from the formation of cooperative societies.

This cooperative society is formed when a group of people with common interest decide to cooperate, rather than in dealing with a common set of supplier. Cooperative is wide spread and very important to both the members, customers entire public and the government as well as those in marketing, production, distribution etc of good and services at a fair price to those that need them.

Despite the energetic efforts towards the development of the system customers have not yet been fully convinced since it has been known that the aim of private traders is to buy cheap and sell at higher price but are theoretically restrained in the price that can change consumers or the users of their goods because government regulates prices for a whole range of commodities regarded as necessities. Infact ministry seems to regard the elimination of private middlemen as desirable. Cooperatives are set up with government encouragement and guidance goods from given localities and take them to a grouping centre to sell to the public, these goods could be vegetables such as potatoes, meats, onions, beans, rice etc. The various types of cooperative societies in Abia State are farmers, multipurpose cooperative society, Golden Guinea Breweries, Multipurpose Cooperative Society Ltd. Umuahia timber Dealers Multipurpose Cooperative Society Ltd.

1.1     BACKGROUND OF THE STUDY

The strength and weakness of cooperative societies can be treated with reference to some of the major tasks of cooperative societies which is to bring to the customers the best quality food and goods at reasonable price. Majority of farmers in Abia State are food crop producers in receptive there is increasing fluctuation in the price and supply of food crops in the state. To determined by the force of demand and supply in the market quality and quantity of these products that enter the market from many producers and indeficit to market their products existed in Nigeria and are designed to produce the living standard of the class during inflation.

1.2     STATEMENT OF PROBLEM

Some members of cooperative societies are experiencing considerable difficulties in the sale of their product like food crop by unscrupulous marketing agents. In Abia State today self-sufficiency in food production is very important to the government in view of the apparent wide special food shortage due to neglect of Agriculture. This in effect has led to food production being carried out by small scale farmers in rural areas mostly for home consumption. Majority of consumers complain that cooperatives operate like a close-shop to the exclusion of non-members. While the cooperators themselves complain of instability for production, storage, distribution and marketing of food crops as a result of which are incurred due to spoilage and loss of quality. Inadequate capital or fund makes it difficult for the cooperative to provide efficient and effective production facilities and equipment many retailers, producers, distributors etc see cooperative as a dumping ground for their products. This research will look into these weakness and more with a view to providing solutions/recommendations to tackle them.

1.3     OBJECTIVE OF THE STUDY

The objective of this study generally is to find out the strength and weakness of cooperative society in Abia State to be specific this study is meant to determine the efficiency of cooperative period and present local firm being sheltered from internal and external completion from/exploiting consumers. Price control are regarded as a mere officious alternative to income redistribution or over all wage. Thus, produce should not be exploited by merchants so in an attempt to maintain stable prices of there products and many producers buyers, consumers etc have succeeded to form cooperative societies in the state. There sole aims are:

 

1.  To market the products of their members to their advantages. 

2.  Raising of fund from which loan can be granted to members production purpose.

3.  To obtain loan unbehalf of members from financial institutions.

4.  To obtain supply of raw material.

5.  The provision of other service to their members.

However the cooperatives performance in terms of marketing turnover, maintaining fair and stable price for food crops, gross margin, distribution cost, loan situation and other objectives are of the opinion that cooperatives have not been efficient in their activities. This is why it becomes important and necessary to examine the strength and weakness of cooperative societies in Abia State. To suggest way of enhancing their performance.

-  To identify the problems of cooperative in carrying out their operation in the state.

-  To identify the importance of cooperative in the state.

-  To recommend ways and means by, these cooperation to the satisfaction of needs and wants of both their members and potential customers.

1.4     SCOPE OF THE STUDY

Abia State is the focus of this study. It is made up of seventeen local government area. Because of time available for this study, it will not be possible to conduct the survey in all local government areas in the state, as such I will conduct study on three local government areas in Abia State, therefore, the three local government areas in Abia State studies for the purpose of this research are:

1.  Ukwuano Local Government

2.  Aba North Local Government

3.  Arochukwu Local Government

1.5     RESEARCH QUESTIONS

1.     Do you understand and what is meant by cooperative society?

2.     Do you know the functions and activities of cooperative society?

3.     Do cooperative society encounter any problem?

4.    What is the impact of the policies on cooperative societies?

5.     What managerial problems plague cooperative societies?

6.     Do cooperative societies have enough funds to operate. 

1.6     SIGNIFICANCE OF THE STUDY

This research will reveal the need and usefulness of cooperative in Abia State that will provide and confirm on how to improve the operation satisfaction on both member and their customers. The strengths and weakness of cooperative societies in the state cannot be over emphasized since they play a prominent role in the price stabilization of food crops in the state and other services they minimize the excesses of middlemen. Although state government encourages the cooperatives if adequate fund is provided and financial institutions grant them loan easily I believe that cooperative societies will be able to satisfy the needs and wants of people by providing adequate goods and services to the members and the community as a whole but adequate fund need to be provided financial institution as well need to grant them loan easily so as to be able to carry their functions and activities more effectively.

1.7     LIMITATION OF THE STUDY

This research contains some constraints which ought to be high lighted for a proper appreciation of the methodology adopted and conclusion drawn. One of the limitation is that it is explanatory and descriptive in nature (research design) it’s inhibitive out look is that it manifested in terms of depth and more so, not all the research design option were applied. Another limitation is the dearth of materials or publication on marketing and cooperatives by indigenous writers (Nigerians and or Abia State indigenes). Most of the published data of the research work especially on marketing have a foreign touch. The pancity of fund met by the researcher in carrying out the research, more so as the student researchers income sources was narrowly based. The unstable Nigeria economy through the economics policies of federal and state governments resulted in the transport fares. The scarcity of petroleum product equally contributed immensely to this like this increase in transportation fares meant that the researcher drawn more on transportation.

1.8     DEFINITION OF TERMS

Acumen: The ability to understand and judge things.

Agriculture: Science or practice of cultivating the land and keeping or breeding animals for food.

Cooperative society: An association of persons who have voluntarily joined together to achieve a common end through the formation of a democratically controlled business organization, making equitable contributions to the capital required and accepting a fair share of the risks and benefits of the undertaking in which the members actively participate.

Market: The potential buyers of a given product.

Strength: The good qualities of ability that a thing or person has.

Unscrupulous: Not honest of fair without moral principle.

Weakness: A fault or lack of strength or problem.

Wholesale: Selling of goods in a large quantity

  DOWNLOAD THE FULL PROJECT

STRENGTH AND WEAKNESS OF COOPERATIVE SOCIETIES

Not The Topic You Are Looking For?



For Quick Help Chat with Us Now!

+234 813 292 6373

+233 55 397 8005


HOW TO GET THE COMPLETE PROJECT ON STRENGTH AND WEAKNESS OF COOPERATIVE SOCIETIES INSTANTLY

  • Click on the Download Button above.
  • Select any option to get the complete project immediately.
  • Chat with Our Instant Help Desk on +234 813 292 6373 for further assistance.
  • All projects on our website are well researched by professionals with high level of professionalism.

Here's what our amazing customers are saying

Oluchi From Michael Opara University
If you are a student and you have not used iprojectmaster materials, you are missing big time! iprojectmaster is the BEST
Excellent
Stancy M
Abia State University, Uturu
I did not see my project topic on your website so I decided to call your customer care number, the attention I got was epic! I got help from the beginning to the end of my project in just 3 days, they even taught me how to defend my project and I got a 'B' at the end. Thank you so much iprojectmaster, infact, I owe my graduating well today to you guys...
Excellent
Ibrahim Muhammad Muhammad
Usmanu danfodiyo university, sokoto
It's a site that give researcher student's to gain access work,easier,affordable and understandable. I appreciate the iproject master teams for making my project work fast and available .I will surely,recommend this site to my friends.thanks a lot..!
Excellent
Dau Mohammed Kabiru
Kaduna State College of Education Gidan Waya
This is my first time..Your service is superb. But because I was pressed for time, I became jittery when I did not receive feedbackd. I will do more business with you and I will recommend you to my friends. Thank you.
Very Good
JONNAH EHIS
Ajayi Crowther University, Oyo
I was scared at first when I saw your website but I decided to risk my last 3k and surprisingly I got my complete project in my email box instantly. This is so nice!!!
Excellent
Temitayo Ayodele
Obafemi Awolowo University
My friend told me about iprojectmaster website, I doubted her until I saw her download her full project instantly, I tried mine too and got it instantly, right now, am telling everyone in my school about iprojectmaster.com, no one has to suffer any more writing their project. Thank you for making life easy for me and my fellow students... Keep up the good work
Very Good
Uduak From Uniuyo
IProjectMaster is the best project site for students. Their works are unique and free of plagiarism!
Excellent
Samuel From Ajayi Crowther University
You guys just made life easier for students. Thanks alot iprojectmaster.com
Excellent
MATTHEW NGBEDE
Ahmadu Bello University
I wish I knew you guys when I wrote my first degree project, it took so much time and effort then. Now, with just a click of a button, I got my complete project in less than 15 minutes. You guys are too amazing!
Excellent
Emmanuel Essential
Kogi state University
I actually took the risk,you know first time stuff But i was suprised i received as requested. I love you guys 🌟 🌟 🌟 🌟
Very Good

FREQUENTLY ASKED QUESTIONS

How do I get this complete project on STRENGTH AND WEAKNESS OF COOPERATIVE SOCIETIES?

Simply click on the Download button above and follow the procedure stated.

I have a fresh topic that is not on your website. How do I go about it?

How fast can I get this complete project on STRENGTH AND WEAKNESS OF COOPERATIVE SOCIETIES?

Within 15 minutes if you want this exact project topic without adjustment

Is it a complete research project or just materials?

It is a Complete Research Project i.e Chapters 1-5, Abstract, Table of Contents, Full References, Questionnaires / Secondary Data

What if I want to change the case study for STRENGTH AND WEAKNESS OF COOPERATIVE SOCIETIES, What do i do?

Chat with Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

How will I get my complete project?

Your Complete Project Material will be sent to your Email Address in Ms Word document format

Can I get my Complete Project through WhatsApp?

Yes! We can send your Complete Research Project to your WhatsApp Number

What if my Project Supervisor made some changes to a topic i picked from your website?

Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

Do you assist students with Assignment and Project Proposal?

Yes! Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

What if i do not have any project topic idea at all?

Smiles! We've Got You Covered. Chat with us on WhatsApp Now to Get Instant Help: +234 813 292 6373

How can i trust this site?

We are well aware of fraudulent activities that have been happening on the internet. It is regrettable, but hopefully declining. However, we wish to reinstate to our esteemed clients that we are genuine and duly registered with the Corporate Affairs Commission as "PRIMEDGE TECHNOLOGY". This site runs on Secure Sockets Layer (SSL), therefore all transactions on this site are HIGHLY secure and safe!