The document discusses cooperative societies, defining them as voluntary organizations formed for mutual economic benefit. It outlines their key features such as open membership, democratic governance, and distributing surplus funds. The main objectives of cooperatives are to provide services, increase economic welfare, and develop efficiency and living standards. The document also describes different types of cooperatives including consumer, producer, marketing, housing, and farming cooperatives. It concludes with discussing the principles, advantages, and disadvantages of cooperative societies.

1. CO-OPEARTIVE SOCIETY & MARKETING
A.S.M. Fazl ul Hoque
As s i s t ant Prof es s or
Dept . of Agri bus i nes s &
Market i ng.
Sher-e -Bangl a
Agri cul t ural Uni vers i t y.

2. MEANING OF CO-OPERATIVE SOCIETY
 Co-operative society is a union of
individuals who generally join
together on the basis of democracy
for the purpose of economic acts of
common interests.
 It’s Primary goal is to render service
to it’s members.

3. Scholars Definition
According to Sherlekar and Sherlekar,
“Co-operative society is f form of
business organization, the only system
of voluntary organization suitable for
people for poorer people”.
Sir Horace Plunkett said that,
“Co-operative is an association of
individuals to secure a common economic
goal by honest means”.

4. Features of Co-operative Society
 Open membership.
 Voluntary organization.
 State control.
 Sources of finance.
 Service motive.
 Distribution of surplus.

5. Features of Co-operative Society
(Continued.)
 Equality of voting rights.
 Elimination of middlemen.
 Government regulation & control.
 Self-help through mutual cooperation.
 Transferability of shares.
 Audit of accounts.

6. Objectives of Co-operative Society
 Creating services.
 Bringing economic welfare.
 Creating unity & Solidarity.
 Development of efficiency.
 Supply of goods at a fair price.

7. Objectives of Co-operative Society
 Development of living standard.
 Defense against corruption.
 Employment.
 Learning morality.

8. Types of Co-operative society
Co-operative society can be classified
From five different perspective. These
are:
1.Consumer’s co-operative societies.
2.Producer’s co-operative societies.
3.Marketing co-operative societies.
4.Housing co-operative societies
5. Farming Co-operative societies.

9. Types of Co-operative society
(cont’d)
1.Consumer’s co-operative societies:
 Availability of high quality consumer goods
at a cheap rate.
 Eliminating the middlemen by establishing a
direct link with the producers.
 Maintaining stability in the prices of
essential commodities.
 Avoiding black marketing and hoarding
practices.

10. Types of Co-operative society
(cont’d)
2.Producer’s co-operative societies:
 To stimulate higher production.
 To improve quality of products.
 To utilize idle manpower.
 To make full use of the available industrial skills of individuals.

11. Types of Co-operative society
(cont’d)
3.Marketing co-operative societies:
 To ensure a ready, steady and favorable market for the products of
different members.
 To provide services like assembling, grading, storing packing etc.
 To control the flow of supplies and thus influence prices.
 To undertake centralized selling of the produce contributed by
their members.

12. Types of Co-operative society
(cont’d)
4.Housing co-operative societies:
These societies are organized to provide residential accommodation to
their member, either on an ownership basis or at fair rents.
5. Farming Co-operative societies:
These societies are voluntary associations of small farmers, who join
hands with the objectives of achieving the economies of large scale
farming and agricultural output.

13. Principles of Co-operative Society
Principle is the guide of action. For achieving
the objectives of the society the following
principles should be followed:
1.Unity.
2.Co-opearation.
3.Honesty.
4.Trust & Confidence.
5.Democracy.

14. Principles of Co-operative Society
6. Equality.
7.Friendship.
8.Economy.
9.Peace and discipline.
10. Stability.
11.Sevice.
12. Voluntary association.
13.Distribution of surplus.

15. Advantages of Co-operative society
 Easy formation.
 Limited liability.
 Open membership.
 Democratic management.
 Perpetual succession.
 Service motive.

16. Advantages of Co-operative society
 Economic advantages.
 Removing disparity.
 Protection from monopoly business.
 Industrial development.
 Achieving self-dependence.

17. Disadvantages of Co-operative society
 Limited resource.
 Inefficient management.
 Lack of secrecy.
 Lack of savings by the members.
 Lack of competition.
 Limited consideration.
 Corruption.

18. Disadvantages of Co-operative society
 Complexity of formation.
 Lack of flexibility.
 Lack of education.
 Lack of expansion.
 Non-transferability of shares.

19. Functions of co-operative marketing
 1.Sale on commission basis
 2.purchase of members’ produce
 3.Advancement of credit
 4.Procurement & price support purchase
 5. Integrated system of co-operative marketing
 6.Other functions (assemble, grading, processing, export, distribution of
production inputs)