what are the Kinks emerged in the system of Cooperative marketing?explain in detail with example.
Kinks emerged in the system of cooperative marketing are as follows.
1) Lack of coordination - Cooperative market relies on processing operations and marketing activities. It is seen in the recent scenario that various the processing and production of goods to be sold in the market are marketed with false claims on quality due to lack of coordination among both the departments.
2) Financial management - The cooperative marketing societies usually lack the competent personnel required to manage the funds available which results in a hindrance to the profitability of the society.
1) Lack of coordination - Cooperative market relies on processing operations and marketing activities. It is seen in the recent scenario that various the processing and production of goods to be sold in the market are marketed with false claims on quality due to lack of coordination among both the departments.
2) Financial management - The cooperative marketing societies usually lack the competent personnel required to manage the funds available which results in a hindrance to the profitability of the society.