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Gopi, in order to promote local craftsmen of Gujarat, formed an organization where in the persons voluntarily associate themselves to promote common economic interest. The basic purpose of this organization was to help these craftsmen to find market for their products. It had a managing committee that was elected on the basis of ‘one member one vote’. The form of business organization set up by Gopi is co-operative organisation. Mention whether the identified form of organisation is true or false.
  • a)
    True
  • b)
    False
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Gopi, in order to promote local craftsmen of Gujarat, formed an organi...
Co-operative organization;
Features:
  • ‘Formed an organization where in the persons voluntarily associate…..’- voluntary association, anybody can become a member of a co-operative society
  • ‘managing committee that was elected in the basis of one member one vote’- democratic management, the management of the co-operative society is democratically elected.
  • ‘the purpose of this organization is to help these craftsmen to find market for their products’- service motive, the main objective of a co-operative society is to provide service to it’s members and not to earn profits.
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Most Upvoted Answer
Gopi, in order to promote local craftsmen of Gujarat, formed an organi...
Democratic principles. The committee consisted of representatives from different sectors of the local craftsmanship industry.

The organization provided various services to its members, such as organizing exhibitions and trade fairs to showcase their products to potential customers. It also helped in marketing and advertising their products through various channels, including online platforms and social media.

Additionally, the organization provided training and skill development programs to the craftsmen to enhance their skills and improve the quality of their products. It also facilitated networking opportunities for them to connect with other artisans and industry experts.

The managing committee played a crucial role in decision-making and implementing various initiatives to promote the craftsmen and their products. They worked in close collaboration with the members and sought their inputs and feedback on different matters.

The organization also collaborated with government agencies and non-profit organizations to access funding and resources for the development of the local craftsmanship industry. It actively participated in policy advocacy and lobbied for the rights and welfare of the craftsmen.

Overall, Gopi's organization aimed to create a sustainable and thriving market for the local craftsmen of Gujarat by providing them with the necessary support and opportunities. It played a vital role in preserving the traditional art forms and generating income for the craftsmen and their families.
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Gopi, in order to promote local craftsmen of Gujarat, formed an organization where in the persons voluntarily associate themselves to promote common economic interest. The basic purpose of this organization was to help these craftsmen to find market for their products. It had a managing committee that was elected on the basis of ‘one member one vote’. The form of business organization set up by Gopi is co-operative organisation. Mention whether the identified form of organisation is true or false.a)Trueb)FalseCorrect answer is option 'A'. Can you explain this answer?
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Gopi, in order to promote local craftsmen of Gujarat, formed an organization where in the persons voluntarily associate themselves to promote common economic interest. The basic purpose of this organization was to help these craftsmen to find market for their products. It had a managing committee that was elected on the basis of ‘one member one vote’. The form of business organization set up by Gopi is co-operative organisation. Mention whether the identified form of organisation is true or false.a)Trueb)FalseCorrect answer is option 'A'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Gopi, in order to promote local craftsmen of Gujarat, formed an organization where in the persons voluntarily associate themselves to promote common economic interest. The basic purpose of this organization was to help these craftsmen to find market for their products. It had a managing committee that was elected on the basis of ‘one member one vote’. The form of business organization set up by Gopi is co-operative organisation. Mention whether the identified form of organisation is true or false.a)Trueb)FalseCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Gopi, in order to promote local craftsmen of Gujarat, formed an organization where in the persons voluntarily associate themselves to promote common economic interest. The basic purpose of this organization was to help these craftsmen to find market for their products. It had a managing committee that was elected on the basis of ‘one member one vote’. The form of business organization set up by Gopi is co-operative organisation. Mention whether the identified form of organisation is true or false.a)Trueb)FalseCorrect answer is option 'A'. Can you explain this answer?.
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