What is cooperative management?

A cooperative manager is the gatekeeper or liaison between the board of directors and the employee group. One of the key roles of the manager is to allocate the cooperative’s scarce resources, both financial and human capital, to best achieve the overall goals of efficiency and profitability.

What are the objectives of cooperative management?


  • To achieve common goals,
  • To utilize resources,
  • To fulfil social obligations,
  • To maintain economic growth,
  • To ensure the survival of a cooperative society in a fast-changing environment,
  • To improve the personality and calibre of people to raise their efficiency and productivity,

What are the types of cooperative management?

Types of Cooperatives

  • Producer Cooperatives. Members are engaged in production in separate enterprises, such as farms, artist studios, or fishing boats.
  • Worker Cooperatives. These businesses are owned by some or all of the workers.
  • Consumer Cooperatives.
  • Credit Unions.
  • Retail or Purchasing Cooperatives.
  • Social Cooperatives.

What does cooperative management deal with?

Cooperative management as a course is geared towards ensuring that learners are equipped with skills on how to manage the funds held by cooperatives as well as give out these funds in form of loans to their interested parties while making profits through interest rates.

What are the 7 cooperative principles?

The Seven Cooperative Principles

  • Voluntary and open membership.
  • Democratic member control.
  • Member economic participation.
  • Autonomy and independence.
  • Education, training and information.
  • Cooperation among cooperatives.
  • Concern for community.

What is the main goal of cooperative?

The purpose of a cooperative is to realize the economic, cultural and social needs of the organization’s members and its surrounding community. Cooperatives often have a strong commitment to their community and a focus on strengthening the community they exist in or serve.

What is Bachelor of Science in cooperative management?

produce cooperative specialists with higher degree of competence and expertise in business management, financial management and community development. offer more focused education and training in line with the students’ potentials and interests.

What are the 3 types of Cooperatives?

Types of Co-ops

  • Consumer Cooperatives. Consumer cooperatives are owned by members who use the co-op to purchase the goods or services that they need.
  • Worker Cooperatives.
  • Producer Cooperatives.
  • Purchasing or Shared Services Cooperatives.
  • Multi-stakeholder Cooperatives.