What are the advantages of consumer cooperatives?
2 years ago
Marketing
Advantages of Consumer Cooperatives:
- Because of service motive the cost of operating is kept to the minimum.
- Better quality goods are sold.
- Elimination of all costly equipment and ornamentation of the store.
- Need not always be located in busy places.
- No credit is allowed, hence no problem of bad debts.
- It is a check on monopoly and wasteful competition. During product scarcity, equitable distribution takes place, so black marketing is checked.
Susmita Sah
Jan 17, 2022