- The Complete Research Material is averagely 52 pages long and it is in Ms Word Format, it has 1-5 Chapters.
- Major Attributes are Abstract, All Chapters, Figures, Appendix, References.
- Study Level: BTech, BSc, BEng, BA, HND, ND or NCE.
- Full Access Fee: ₦6,000
Get the complete project »
CHAPTER ONE
INTRODUTION
1.1 Background of the Study
In order to get a clear picture of the subject matter it is imperative to defined cooperative. ICA Statement on the cooperative defines cooperative as an autonomous association of persons economic, social and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise.
However, primary cooperative which is the subject matter is defined as a society which has as its object the promotion of the socio-economic interest of its members through a common enterprise managed in accordance with cooperative principles. A primary cooperative society must have at least ten individuals if it is an auxiliary cooperative and six persons if it is a productive or industrial cooperative. Each of these must have qualified for membership (NCSA, 1993).
Primary cooperatives are basically established to meet member’s social-economic need. The operations of primary societies permits the people who live in the same locality with the same goals and aspiration to go into synergy in order to actualize such goals collectively (Ijere, 1998).
The prospect of primary cooperative in promoting member’s economic welfare cannot be overemphasis sequel to the economic benefits arising from membership of primary societies: primary cooperatives in this regard pursue mutually beneficial, social and economic interest, provide goods and services to each other and the general public in the most cost effective way, prevent exploitation of the weaker members of the society by bringing them together to help themselves, protect the rights of the people as producers and consumers of goods and services, and promote mutual understanding and peaceful coexistence among the people of the community in which such primary cooperative is located.
The economic results of establishing primary societies arise out of the operation of a society that is jointly own through synergy and the gains of such enterprise is distributed in such manner as would avoid one member gaining at the expense of the others. Primary cooperatives have been recognised as a veritable instrument for the promotion of member economic welfare owing to its ability in mobilizing and organising people of the same economic and social aspiration into a common enterprise or primary societies therefore becomes very appropriate and suitable for improving the economic welfare of people through a common and collective enterprise that is people oriented (Okoh, 2003).
The prospect of primary cooperative in promoting members economic welfare cannot be overemphasis sequel to the economic benefits arising from being a member of such society. It is against this background that the researcher deemed the subject matter worthy of investigation.
1.2 Statement of the problem
Primary cooperatives have the potentials to boost the economic capacity of its members by mobilizing savings and granting soft loans to it members, providing other services as well as investment opportunities for its members (Okoh, 2003).
But inspite of this laudable prospect of primary cooperative in promoting member welfare, membership of primary cooperatives in the area of study is loe and insignificant, as such, doubt is expressed about the prospect of primary cooperative in promoting members welfare in the area understudy. This is so because if indeed primary cooperatives promotes members welfae as opined by (Okoh, 2003) then why is the membership of primary cooperative low and insignificant and their impact vague and obscure in the study area? It is in this light that the subject matter of this research is seen as a problem worthy of investigation.
1.3 Objective of the study
The central objective of the study is to examine the prospect of primary cooperatives in promoting members welfare. The specific objectives are:
i. To identify how primary cooperatives promote member’s economic welfare.
ii. To findout how primary cooperative improves member’s social wellbeing.
iii. To findout the functions of primary cooperatives.
iv. To determine the type of practical welfare assistance primary cooperative render to their members.
v. To identify the problems militating against primary cooperative from promoting members welfare.
vi. To proffer solution to the identified promote.
1.4 Research Questions
i. How does primary cooperativespromotes member’s economic welfare?
ii. How can primary cooperative be used to improve member’s social wellbeing.
iii. What are the functions of primary cooperatives.
iv. What type of practical welfare assistance does primary cooperatives
render to their members?
v. What are the problems militating against primary cooperatives in promoting members welfare?
vi. What are the soloutions to these problem?
1.5 Significance of the study
This study will be of great benefit to policy makers, cooperative societies, members of the general public as well as students and researchers.
The study will aid policy framework regarding cooperatives development.
The study will also be useful to cooperative societies in creating cooperative awareness by showcasing the functions and benefits of primary societies to members and potential members.
To student and researchers, the study will serve as a springboard to undertake similar research. This is so because the study will be a useful reference material to students and researchers undertaking similar study. As such the study will add to already existing body of knowledge regarding primary cooperative societies.
1.6 Scope of the study
The boundaries of this study is restricted to the period of investigation, the environment in which the research data were collected and the cooperatives societies investigated. The study covers the activities of synergy artisan cooperative society from 2010-2011. The research is limited to synergy artisan cooperative as regard the collection of primary data. The subject matter is restricted to the examination of the prospect of primary cooperative in promoting member’s welfare.
1.7 Clarificaton of Terminologies
Cooperative: This is an autonomous association of persons united voluntarily to meet their common, economic, social and cultural needs and aspiration through a jointly own and democratically controlled enterprise (I.C.A, 1995).
Primary Cooperative: This is a cooperative society which has as its object the promotion of the socio-economic interest of its members through a common enterprise managed in accordance with cooperative principles. A primary cooperative society must have at least ten individuals if it is an auxiliary cooperative and six persons if it is a productive or industrial cooperative (Ishyaku 2010).
Cooperative Union: This is the association of affliation of registered cooperative societies in every state or a particular geographical area.
Cooperative failure: This refers to a situation when cooperative societies cease to actualise or practice cooperative values as enshined in it principles (Isyaku, 2010).
Cooperative Nexus: This refers to the functional relationship and inter-linkages between the cooperative organisation and member’s private business enterprise (Chukun, 1995).
Mutuals: A term used to describe businesses owned and controlled by their members. This includes building societies, cooperatives, credit unions, friendly societies and many associations (operational definition, 2011).
You either get what you want or your money back. T&C Apply
You can find more project topics easily, just search
-
SIMILAR BUSINESS ADMINISTRATION FINAL YEAR PROJECT RESEARCH TOPICS
-
1. PROBLEMS OF EFFECTIVE SERVICE DELIVERY IN GOVERNMENT OWNED ESTABLISHMENT (CASE STUDY OF ANAMBRA BROADCASTING SERVICE ABS AWKA)
» ABSTRACT THIS WORK HAS THE PRIMARY OBJECTIVE OF STUDYING THE VARIOUS PROBLEMS OF EFFECTIVE SERVICE DELIVERY IN GOVERNMENT OWNED ESTABLISHMENT A CASE S...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BUSINESS ADMINISTRATION DEPARTMENT
-
2. IMPACT OF PRIVATISATION OF PUBLIC ENTERPRISES ON POVERTY REDUCTION IN NIGERIA (A STUDY OF TELECOMMUNICATION INDUSTRY IN NIGERIA)
» ABSTRACTPrivatization as an economic policy is of no doubt a good economic tool for development but in Nigeria, the policy has generated many controve...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BUSINESS ADMINISTRATION DEPARTMENT
-
3. MANAGEMENT PROBLEMS OF MANUFACTURING INDUSTRIES IN NIGERIA (A CASE STUDY OF NIGERIAN BREWERIES PLC)
» ...Continue Reading »Item Type & Format: Project Material - Ms Word | 50 pages | Instant Download | Chapter 1-5 | BUSINESS ADMINISTRATION DEPARTMENT
-
4. IMPACT OF INSURANCE SERVICE ON BUSINESS SURVIVAL
» CHAPTER ONE 1.0 Introduction Insurance is form of risk management, which is usually purchased to get protection against any risk of potential loss. In...Continue Reading »Item Type & Format: Project Material - Ms Word | 47 pages | Instant Download | Chapter 1-5 | BUSINESS ADMINISTRATION DEPARTMENT
-
5. THE EFFECTS OF PERSONNAL ENTREPRENEURIAL CHARACTERISTICS ON BUSINESS PERFORMANCE (A CASE STUDY OF AKURE SOUTH LGA, ONDO STATE)
» CHAPTER ONE INTRODUCTION 1.1 Background of the Study An entrepreneur is an innovator who implements changes within a market through the carrying out o...Continue Reading »Item Type & Format: Project Material - Ms Word | 59 pages | Instant Download | Chapter 1-5 | BUSINESS ADMINISTRATION DEPARTMENT
-
6. THE PROBLEM MILITATING AGAINST EFFECTIVE TEACHING AND LEARNING OF BIOLOGY IN JUNIOR SECONDARY SCHOOL IN IGBO-EZE NORTH LOCAL GOVERNMENT AREA OF ENUGU ...
» CHAPTER ONE BACKGROUND TO THE STUDY The term science has to do with nature; it is derived from the latin word scientia which means knowledge. It is a ...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BUSINESS ADMINISTRATION DEPARTMENT
-
7. PUBLIC RELATION FOR IMAGE DEVELOPMENT OF BROADCASTING MEDIA IN NIGERIA
» CHAPTER ONE INTRODUCTION 1. BACKGROUND OF THE STUDY Public Relations, is a major element of the promotional mix which comprises other components like ...Continue Reading »Item Type & Format: Project Material - Ms Word | 147 pages | Instant Download | Chapter 1-5 | BUSINESS ADMINISTRATION DEPARTMENT
-
8. IMPLEMENTATION OF THE NATIONAL GENDER POLICY AND ITS IMPACT ON WOMEN EMPOWERMENT IN KADUNA STATE
» CHAPTER ONE INTRODUCTION 1.1 Background to the Study Across the world especially in developing countries, there have been growing and continuous agita...Continue Reading »Item Type & Format: Project Material - Ms Word | 150 pages | Instant Download | Chapter 1-5 | BUSINESS ADMINISTRATION DEPARTMENT
-
9. THE BANK TECHNOLGICAL ENVIRONMENT AND ITS EFFECT ON THE PERFORMANCE OF SMALL AND MEDUIM ENTERPRISEES IN NIGERIA
» CHAPTER ONE 1.1 BACKGROUND OF STUDY From the definition of business dictionary; A bank is An establishment authorized by a government to accepted depo...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BUSINESS ADMINISTRATION DEPARTMENT
-
10. EFFECT OF COMMUNICATION ON ORGANIZATIONAL DEVELOPMENT (A Study of Power Holding company of Nigeria [PHCN])
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY Employee of whatever status needs to participate in the coordination of resource of the organizat...Continue Reading »Item Type & Format: Project Material - Ms Word | 88 pages | Instant Download | Chapter 1-5 | BUSINESS ADMINISTRATION DEPARTMENT