What are the advantages of consumer cooperatives?

1 year ago

Advantages of Consumer Cooperatives:

  1. Because of service motive the cost of operating is kept to the minimum.
  2. Better quality goods are sold.
  3. Elimination of all costly equipment and ornamentation of the store.
  4. Need not always be located in busy places.
  5. No credit is allowed, hence no problem of bad debts.
  6. 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
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