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It all started in December 1946 with a group of farmers’ keen to free themselves from intermediaries, gain access to market and thereby ensure maximum returns of their efforts. Based in the village of Anand, the Khera District Milk Cooperative Union, better known as Amul expanded exponentially. It joined hands with other milk cooperatives, and the Gujarat network now covers 21,20,000 farmers, 10,411 village level milk collection centres and 14 district level plants. Amul is the common brand for most product categories produced by various unions, like liquid milk, milk powder, butter, ghee, cheese, cook a product, sweet, ice-cream, and condensed milk. Amul sub-brands include variant such as Amul spray, Amul spree, Amulya, and Nutramul. What type of business enterprise is Amul?
- a)Joint venture
- b)Partnership
- c)Cooperative society
- d)Sole proprietorship
Correct answer is option 'C'. Can you explain this answer?
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It all started in December 1946 with a group of farmers’ keen to...
Cooperative Society is a form of organisation where in person voluntarily associate together as human beings on the basis of equality for the promotion of an economic interest for themselves.
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It all started in December 1946 with a group of farmers’ keen to...
Cooperative Society
Amul is a cooperative society, which is a type of business enterprise owned and operated by a group of individuals for their mutual benefit. In the case of Amul, it was founded by a group of farmers in Anand who came together to form the Khera District Milk Cooperative Union.
Ownership and Control
Ownership of a cooperative society lies with its members, who are also its customers, suppliers, or employees. In the case of Amul, the farmers who are part of the cooperative union are the owners of the business. They have control over the operations and decision-making processes of the organization.
Shared Benefits
In a cooperative society, the profits and benefits generated by the business are shared among the members based on their level of participation or contribution. In the case of Amul, the dairy farmers who supply milk to the cooperative receive a fair price for their produce, ensuring maximum returns for their efforts.
Democratic Structure
Cooperative societies operate on a democratic basis, where each member has an equal say in the decision-making process. In the case of Amul, the farmers who are part of the cooperative union have the opportunity to participate in meetings, vote on key issues, and elect representatives to manage the business.
Social Responsibility
Cooperative societies like Amul often prioritize social responsibility and community development. They aim to improve the economic and social well-being of their members and the communities in which they operate. Amul has played a significant role in empowering dairy farmers, providing them with access to markets, and contributing to the growth of the dairy industry in India.
Amul is a cooperative society, which is a type of business enterprise owned and operated by a group of individuals for their mutual benefit. In the case of Amul, it was founded by a group of farmers in Anand who came together to form the Khera District Milk Cooperative Union.
Ownership and Control
Ownership of a cooperative society lies with its members, who are also its customers, suppliers, or employees. In the case of Amul, the farmers who are part of the cooperative union are the owners of the business. They have control over the operations and decision-making processes of the organization.
Shared Benefits
In a cooperative society, the profits and benefits generated by the business are shared among the members based on their level of participation or contribution. In the case of Amul, the dairy farmers who supply milk to the cooperative receive a fair price for their produce, ensuring maximum returns for their efforts.
Democratic Structure
Cooperative societies operate on a democratic basis, where each member has an equal say in the decision-making process. In the case of Amul, the farmers who are part of the cooperative union have the opportunity to participate in meetings, vote on key issues, and elect representatives to manage the business.
Social Responsibility
Cooperative societies like Amul often prioritize social responsibility and community development. They aim to improve the economic and social well-being of their members and the communities in which they operate. Amul has played a significant role in empowering dairy farmers, providing them with access to markets, and contributing to the growth of the dairy industry in India.
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It all started in December 1946 with a group of farmers’ keen to free themselves from intermediaries, gain access to market and thereby ensure maximum returns of their efforts. Based in the village of Anand, the Khera District Milk Cooperative Union, better known as Amul expanded exponentially. It joined hands with other milk cooperatives, and the Gujarat network now covers 21,20,000 farmers, 10,411 village level milk collection centres and 14 district level plants. Amul is the common brand for most product categories produced by various unions, like liquid milk, milk powder, butter, ghee, cheese, cook a product, sweet, ice-cream, and condensed milk. Amul sub-brands include variant such as Amul spray, Amul spree, Amulya, and Nutramul. What type of business enterprise is Amul?a)Joint ventureb)Partnershipc)Cooperative societyd)Sole proprietorshipCorrect answer is option 'C'. Can you explain this answer?
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It all started in December 1946 with a group of farmers’ keen to free themselves from intermediaries, gain access to market and thereby ensure maximum returns of their efforts. Based in the village of Anand, the Khera District Milk Cooperative Union, better known as Amul expanded exponentially. It joined hands with other milk cooperatives, and the Gujarat network now covers 21,20,000 farmers, 10,411 village level milk collection centres and 14 district level plants. Amul is the common brand for most product categories produced by various unions, like liquid milk, milk powder, butter, ghee, cheese, cook a product, sweet, ice-cream, and condensed milk. Amul sub-brands include variant such as Amul spray, Amul spree, Amulya, and Nutramul. What type of business enterprise is Amul?a)Joint ventureb)Partnershipc)Cooperative societyd)Sole proprietorshipCorrect answer is option 'C'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about It all started in December 1946 with a group of farmers’ keen to free themselves from intermediaries, gain access to market and thereby ensure maximum returns of their efforts. Based in the village of Anand, the Khera District Milk Cooperative Union, better known as Amul expanded exponentially. It joined hands with other milk cooperatives, and the Gujarat network now covers 21,20,000 farmers, 10,411 village level milk collection centres and 14 district level plants. Amul is the common brand for most product categories produced by various unions, like liquid milk, milk powder, butter, ghee, cheese, cook a product, sweet, ice-cream, and condensed milk. Amul sub-brands include variant such as Amul spray, Amul spree, Amulya, and Nutramul. What type of business enterprise is Amul?a)Joint ventureb)Partnershipc)Cooperative societyd)Sole proprietorshipCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for It all started in December 1946 with a group of farmers’ keen to free themselves from intermediaries, gain access to market and thereby ensure maximum returns of their efforts. Based in the village of Anand, the Khera District Milk Cooperative Union, better known as Amul expanded exponentially. It joined hands with other milk cooperatives, and the Gujarat network now covers 21,20,000 farmers, 10,411 village level milk collection centres and 14 district level plants. Amul is the common brand for most product categories produced by various unions, like liquid milk, milk powder, butter, ghee, cheese, cook a product, sweet, ice-cream, and condensed milk. Amul sub-brands include variant such as Amul spray, Amul spree, Amulya, and Nutramul. What type of business enterprise is Amul?a)Joint ventureb)Partnershipc)Cooperative societyd)Sole proprietorshipCorrect answer is option 'C'. Can you explain this answer?.
It all started in December 1946 with a group of farmers’ keen to free themselves from intermediaries, gain access to market and thereby ensure maximum returns of their efforts. Based in the village of Anand, the Khera District Milk Cooperative Union, better known as Amul expanded exponentially. It joined hands with other milk cooperatives, and the Gujarat network now covers 21,20,000 farmers, 10,411 village level milk collection centres and 14 district level plants. Amul is the common brand for most product categories produced by various unions, like liquid milk, milk powder, butter, ghee, cheese, cook a product, sweet, ice-cream, and condensed milk. Amul sub-brands include variant such as Amul spray, Amul spree, Amulya, and Nutramul. What type of business enterprise is Amul?a)Joint ventureb)Partnershipc)Cooperative societyd)Sole proprietorshipCorrect answer is option 'C'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about It all started in December 1946 with a group of farmers’ keen to free themselves from intermediaries, gain access to market and thereby ensure maximum returns of their efforts. Based in the village of Anand, the Khera District Milk Cooperative Union, better known as Amul expanded exponentially. It joined hands with other milk cooperatives, and the Gujarat network now covers 21,20,000 farmers, 10,411 village level milk collection centres and 14 district level plants. Amul is the common brand for most product categories produced by various unions, like liquid milk, milk powder, butter, ghee, cheese, cook a product, sweet, ice-cream, and condensed milk. Amul sub-brands include variant such as Amul spray, Amul spree, Amulya, and Nutramul. What type of business enterprise is Amul?a)Joint ventureb)Partnershipc)Cooperative societyd)Sole proprietorshipCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for It all started in December 1946 with a group of farmers’ keen to free themselves from intermediaries, gain access to market and thereby ensure maximum returns of their efforts. Based in the village of Anand, the Khera District Milk Cooperative Union, better known as Amul expanded exponentially. It joined hands with other milk cooperatives, and the Gujarat network now covers 21,20,000 farmers, 10,411 village level milk collection centres and 14 district level plants. Amul is the common brand for most product categories produced by various unions, like liquid milk, milk powder, butter, ghee, cheese, cook a product, sweet, ice-cream, and condensed milk. Amul sub-brands include variant such as Amul spray, Amul spree, Amulya, and Nutramul. What type of business enterprise is Amul?a)Joint ventureb)Partnershipc)Cooperative societyd)Sole proprietorshipCorrect answer is option 'C'. Can you explain this answer?.
Solutions for It all started in December 1946 with a group of farmers’ keen to free themselves from intermediaries, gain access to market and thereby ensure maximum returns of their efforts. Based in the village of Anand, the Khera District Milk Cooperative Union, better known as Amul expanded exponentially. It joined hands with other milk cooperatives, and the Gujarat network now covers 21,20,000 farmers, 10,411 village level milk collection centres and 14 district level plants. Amul is the common brand for most product categories produced by various unions, like liquid milk, milk powder, butter, ghee, cheese, cook a product, sweet, ice-cream, and condensed milk. Amul sub-brands include variant such as Amul spray, Amul spree, Amulya, and Nutramul. What type of business enterprise is Amul?a)Joint ventureb)Partnershipc)Cooperative societyd)Sole proprietorshipCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Class 12.
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It all started in December 1946 with a group of farmers’ keen to free themselves from intermediaries, gain access to market and thereby ensure maximum returns of their efforts. Based in the village of Anand, the Khera District Milk Cooperative Union, better known as Amul expanded exponentially. It joined hands with other milk cooperatives, and the Gujarat network now covers 21,20,000 farmers, 10,411 village level milk collection centres and 14 district level plants. Amul is the common brand for most product categories produced by various unions, like liquid milk, milk powder, butter, ghee, cheese, cook a product, sweet, ice-cream, and condensed milk. Amul sub-brands include variant such as Amul spray, Amul spree, Amulya, and Nutramul. What type of business enterprise is Amul?a)Joint ventureb)Partnershipc)Cooperative societyd)Sole proprietorshipCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for It all started in December 1946 with a group of farmers’ keen to free themselves from intermediaries, gain access to market and thereby ensure maximum returns of their efforts. Based in the village of Anand, the Khera District Milk Cooperative Union, better known as Amul expanded exponentially. It joined hands with other milk cooperatives, and the Gujarat network now covers 21,20,000 farmers, 10,411 village level milk collection centres and 14 district level plants. Amul is the common brand for most product categories produced by various unions, like liquid milk, milk powder, butter, ghee, cheese, cook a product, sweet, ice-cream, and condensed milk. Amul sub-brands include variant such as Amul spray, Amul spree, Amulya, and Nutramul. What type of business enterprise is Amul?a)Joint ventureb)Partnershipc)Cooperative societyd)Sole proprietorshipCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of It all started in December 1946 with a group of farmers’ keen to free themselves from intermediaries, gain access to market and thereby ensure maximum returns of their efforts. Based in the village of Anand, the Khera District Milk Cooperative Union, better known as Amul expanded exponentially. It joined hands with other milk cooperatives, and the Gujarat network now covers 21,20,000 farmers, 10,411 village level milk collection centres and 14 district level plants. Amul is the common brand for most product categories produced by various unions, like liquid milk, milk powder, butter, ghee, cheese, cook a product, sweet, ice-cream, and condensed milk. Amul sub-brands include variant such as Amul spray, Amul spree, Amulya, and Nutramul. What type of business enterprise is Amul?a)Joint ventureb)Partnershipc)Cooperative societyd)Sole proprietorshipCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice It all started in December 1946 with a group of farmers’ keen to free themselves from intermediaries, gain access to market and thereby ensure maximum returns of their efforts. Based in the village of Anand, the Khera District Milk Cooperative Union, better known as Amul expanded exponentially. It joined hands with other milk cooperatives, and the Gujarat network now covers 21,20,000 farmers, 10,411 village level milk collection centres and 14 district level plants. Amul is the common brand for most product categories produced by various unions, like liquid milk, milk powder, butter, ghee, cheese, cook a product, sweet, ice-cream, and condensed milk. Amul sub-brands include variant such as Amul spray, Amul spree, Amulya, and Nutramul. What type of business enterprise is Amul?a)Joint ventureb)Partnershipc)Cooperative societyd)Sole proprietorshipCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice Class 12 tests.
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