In USA, and possibly in other locales, condominium is unique to a form of real estate ownership. A condominium community is governed by a set of governing documents that usually defines a board of directors who operate the corporation, and more.
In a cooperative society, there is no implied definition of real estate ownership, and the over-arching foundation is that everybody agrees about everything.
A condominium can be regarded as a private democracy, where owners vote on some items, and board votes generally define action that is taken by the corporation.
What are the similiarities and differences between cooperative business and joint stock business
The goals of a helpful society vary from conventional organizations in that they focus on part helps over most extreme benefit. Here are a few critical objectives of helpful social orders: Common Advantage: Agreeable social orders intend to serve the wellbeing of their individuals. This can include giving fundamental labor and products at fair costs, advancing financial strengthening, and establishing a cooperative climate. Popularity based Control: Helpful social orders are normally fairly constrained by their individuals. Every part has something to do with the general public's tasks through deciding on significant choices. Social Obligation: Numerous cooperatives endeavor to have a positive social effect inside their networks. This could include advancing manageability, offering instructive projects, or supporting neighborhood organizations. Here is a breakdown of a few explicit goals: Monetary Strengthening: Cooperatives can assist individuals with further developing their monetary prosperity by offering admittance to advances, reserve funds projects, and fair estimating on labor and products. Monetary Consideration: They can assume a part in carrying monetary administrations to individuals who probably won't approach conventional financial frameworks. Part Government assistance: Cooperatives frequently center around further developing the general prosperity of their individuals by giving instructive open doors, advancing confidence, and cultivating a feeling of local area. Maintainable Turn of events: Numerous cooperatives coordinate reasonable practices into their activities, taking into account natural and social variables close by financial ones. Generally speaking, helpful social orders expect to make a more impartial and vote based financial framework that helps their individuals and the more extensive local area.
cooperative society is a voluntary association of people for their common economic development. Types: consumer cooperative producers cooperative market cooperative credit cooperative framing cooperative
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Yes, Cooperative society is a voluntary organization.
the public function of a cooperative society is related work other then it's members
nigeria cooperative moverment in country
cooperative society is an voluntary association of people who get together voluntarily for their common interest and benefit.
as far as i know amul is a marketing cooperative society but still i am not sure regarding it
The motive of a partnership is to make profit while in co-oprative society is to improve the economic interests of membres.
yes
A cooperative societies or businesses are places where people can pay to have a share in a crop or livestock, as well as other products. They also help take care of the crop or livestock in turns. Some of these in Nigeria are: consumer cooperative society, thrift and credit cooperative society, retail and wholesale cooperative society.