A consumer cooperative store is an organization owned, managed, and controlled by consumers themselves. It is formed with the objective of reducing the number of middlemen and providing lower prices, cash sales, convenient locations, and other advantages to consumers. Consumer cooperative societies are easy to form with just 10 people. They have limited liability and democratic management elected by members. However, they may face limitations like lack of initiative, shortage of funds, lack of patronage, and lack of business training among management.

2. DEFINATION
A CONSUMER COOPERATIVE
STORE IS AN ORGANISATION
OWENED MANAGED AND
CONTROLLED BY CONSUMERS
THEMSELVES FORMED WITH
THE OBJECTIVE OF REDUCING
THE NUMBER OF MIDDLEMEN
AND THEREBY PROVIDING

3. ADVANTAGES
EASE INFORMATION
LIMLTED LIABILITY
DEMOCRATIC MANAGEMENT
LOWER PRICES
CASH SALES
CONVENIENT LOCATION

4. IT IS EASY TO
EASE FORM CONSUMER
INFORMATION COOPERATIVE
SOCIETY. ANY TEN
PEOPLE CAN COME
TOGETHER TO FORM
A VOLUNTARY
ASSOCIATION AND
GET THEMSELVES
REGISTERED WITH
THE REGISTRAR OF
COOPERATIVE
SOCIETIES BY

5. THE LIABILITY OF
LIMITED
THE MEMBERS INA
LIABILITY
COOPERATIVE
STORE IS LIMITED
TO THE EXTENT OF
THE CAPITAL
CONTRIBUTED BY
THEM. THEY ARE
NOT LIABLE
PERSONALLY TO
PAY THE DEBTS OF

6. DEMOCRATIC COOPERATIVE
MANAGEMENT SOCITIES ARE
DEMOCRATICALLY
MANAGED
THROUGH
MANAGEMENT
COMMITTEES
WHICH ARE
ELECTED BY
MEMBERS. EACH
MEMBER HAS ONE

7. LOWER PRICES A COOPERATIVE
STORE
PURCHASES
GOODS
DIRECTLY FROM
THE
MANUFACTURERS
OR THE
WHOLESALERS
AND SELLS THEM

8. CASH SALES THE CUSTOMERS
COOPERATIVE
STORES
NORMALLY SELL
GOODS ON CASH
BASIS. AS A
RESULT, THE
REQUIREMENT
FOR WORKINK

9. CONVENIENT THE CONSUMER
LOCATION COOPERATIVE
STORES ARE
GENERALLY
OPENED AT
CONVENIENT
PLACES WHERE
THE MEMBERS
AND OTHERS
CAN EASILY BUY

10. LIMITATIONS

11. LACK OF INITIATIVE
AS THE COOPERATIVE STORES
ARE MANAGED BY PEOPLE WHO
WORK ON HONORARY BASIS
THERE IS A LACK OF
SUFFICIENT INITIATIVE AND
MOTIVATION AMONGST THEM TO
WORK MORE EFFECTIVELY.

12. SHORTAGE OF FUNDS
THE COOPERATIVE STORES
GENERALLY FACE SHORTAGE
OF FUNDS AS MEMBERSHIP IS
LIMITED.THIS COMES IN THE
WAY OF GROWTH AND
EXPANSION OF THE
COOPERATIVE STORES.

13. LACK OF PATRONAGE
THE MEMBERS OF A
COOPERATIVE STORES
GENERALLY DON’T
PATRONISE THEM
REGULARLY. AS A RESULT OF
THIS, THE STORES ARE NOT
ABLE TO OPERATE
SUCCESSFULLY.

14. LACK OF BUSINESS
TRAINING
THE PEOPLE ENTRUSTED
WITH THE MANAGEMENT
OF COOPERATIVE STORES
LACK EXPERTISE AS
THEY ARE NOT TRAINED
IN RUNNING THE STORES
EFFICIENTLY.

16. DEFINATION
VENDING MACHINES ARE THE
NEWEST REVOLUTION IN
MARKETING METHODS. VENDING
MACHINES ARE PROVING USEFUL
IN SELLING PRE-PACKED BRANDS
OF LOW PRICED PRODUCTS
WHICH HAVE HIGH TURNOVER
AND WHICH ARE UNIFORM IN
SIZE AND WEIGHT.

17. THANK YOU……………