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Co-operative societies have management

This question belongs to Commerce Business And Commerce
Business and Commerce
?

Co-operative societies have _________ management.

Answer & Solution
Correct Answer: Option B
Co-operative societies have Democratic management. The society is managed by a group known as “Board of Directors”. The members of the board of directors are the elected representatives of the society. The main purpose of a Co-operative Society is to provide service to its members.
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