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Which of the following cooperative society is established to help small producers in selling their products?

  • a)
    Marketing cooperative society

  • b)
    Producer cooperative society

  • c)
    Credit cooperative society

  • d)
    Consumers cooperative society

Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Which of the following cooperative society is established to help smal...
These societies are formed to help the small producers in selling their products. Its members are the producers who want to obtain reasonable price for their output. ... The society also performs various marketing functions like transportation, warehousing, grading, etc.
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Most Upvoted Answer
Which of the following cooperative society is established to help smal...
Because it is owned and democraticaly controlled organization that serve their member ( who may or may not be themselves cooperative ) through cooperative marketing , support / or purchasing
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Community Answer
Which of the following cooperative society is established to help smal...
Marketing Cooperative Society:
A marketing cooperative society is established to help small producers in selling their products. It is an organization formed by small producers who come together to collectively market their products and improve their bargaining power in the market. This type of cooperative society aims to eliminate the middlemen and directly link the producers with the consumers.

Role and Functions:
1. Collecting and aggregating products: The marketing cooperative society collects the products from the small producers and aggregates them to achieve economies of scale. This allows the society to negotiate better prices and terms with buyers.

2. Marketing and distribution: The society takes on the responsibility of marketing and distributing the products to various channels. This includes identifying potential buyers, negotiating contracts, and ensuring the timely delivery of products.

3. Quality control and standardization: The society ensures that the products meet the required quality standards. It may provide training and support to the small producers to improve the quality of their products.

4. Market information and research: The society provides market information and research to the small producers, helping them make informed decisions about production and marketing strategies. This includes information about market trends, consumer preferences, and pricing.

5. Financial support: The marketing cooperative society may provide financial support to the small producers, such as loans or advances against their products. This helps the producers meet their immediate financial needs and continue production.

6. Capacity building: The society conducts training programs and workshops to build the capacity of the small producers. This includes training on product development, packaging, branding, and marketing techniques.

7. Advocacy and representation: The society represents the interests of the small producers in various forums and advocates for policies and regulations that benefit them. It acts as a collective voice and helps in addressing the challenges faced by the small producers in the market.

Advantages of Marketing Cooperative Societies:
- Improved bargaining power: By coming together, small producers can negotiate better prices and terms with buyers, increasing their profitability.
- Access to markets: Cooperative societies provide small producers with access to larger markets, which they may not be able to reach individually.
- Quality control: The society ensures that the products meet the required quality standards, enhancing the reputation of the producers and increasing consumer trust.
- Economies of scale: By aggregating products, the society can achieve economies of scale in production, marketing, and distribution, reducing costs.
- Market information: Cooperative societies provide market information and research to the small producers, helping them make informed decisions and adapt to changing market trends.

In conclusion, a marketing cooperative society is established to help small producers in selling their products by providing them with collective marketing, distribution, quality control, and financial support. It aims to improve the bargaining power and market access of the small producers, enabling them to compete effectively in the market.
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Read the following passage and answer the questions that follow: At the micro level, every economy faces three central problems, i.e., what to produce, how to produce and for whom to produce.What to Produce : The problem of ‘what to produce’ arises as the producers have limited resources. In an economy because of scarcity of resources, producers are unable to produce everything in bulk but they will have to make a choice as to which one is important as a whole so that limited resources can be rationally managed. Problem of ‘what to produce’ involves two-fold decisions : the kind of goods to be produced and the quantity of goods to be produced.How to Produce : It is concerned with how to organise production. This problem is related to the choice of technique of production. It arises due to the availability of various techniques for the production of a commodity such as Labour– Intensive Technique and Capital–Intensive Technique.For Whom to Produce : The problem of ‘for whom to produce’ is the problem of distribution of produced goods and services. At the micro level, the decision relates to different sets of buyers in the economy. In an economy, producers would obviously be inclined to produce more for the rich buyers to maximise their profits but, the government also intervenes to regulate the use of resources, so that enough production is done for the poorer sections of the society also.Q. The problem of ..................... is the problem of distribution of produced goods and services.

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Which of the following cooperative society is established to help small producers in selling their products?a)Marketing cooperative societyb)Producer cooperative societyc)Credit cooperative societyd)Consumers cooperative societyCorrect answer is option 'A'. Can you explain this answer?
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