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Democratic Control in Cooperative

Democratic Control in Cooperative

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DEDICATION

This research material, titled “Democratic Control in Cooperative” is dedicated to God for His boundless grace and guidance. It is also a tribute to all computer enthusiasts whose contributions made my research journey smoother and enriched my documentation process, making the experience truly fulfilling.




ACKNOWLEDGEMENT

I am profoundly grateful to everyone who contributed to the successful completion of this project. I am especially grateful to my Supervisor (Name), the Head of Department (Name), and the Lecturers in the Department of Economics for their invaluable guidance and support. I also acknowledge the contributions of authors and scholars whose works on Democratic Control in Cooperative provided essential insights. Special thanks go to my study area (and any funding organizations, if applicable) for their financial assistance. I am equally thankful to stakeholders, including mentors, teachers, and colleagues, for their encouragement and support. Finally, I deeply appreciate my family and friends for their patience and unwavering support throughout this journey. Your contributions have been instrumental in making this research a reality.




Democratic Control in Cooperative



Introduction

1.1 Background Of The Study

Democratic Control are democratic organization controlled by their members, who actively participate in setting their policies and making decision.

Members are the source of all authority in cooperative, the basic unit in democratic control are the members. Decision in democratic control are made jointly by members irrespective of their financial consideration or position without any respect to the amount of shares or others capital interest that he may have in the society, will not make him have more vote/control than other members. The controlled as mentioned as earlier is in the hands of members, who’s loyalty and activeness are necessary in setting their policies and making decision.

Onuoha (2002) men and women serving as elected representative have equal voting right (one member, one vote) and cooperative at other levels are organized in democratic member and participating in decision affecting their society.

The Democratic Principle emanates from the Rockdale equitable pioneers as it was seen that every member interest needs to be covered and to maintain the importance of each and everyone decision making in order to improve upon member loyalty when decision are made.

This democratic principle is held by many authors as the foremost principle of cooperation. The believe at this principle is that every member is equal as person and as human being who wish to be held. The peculiarity of cooperative which believe that cooperative belong to member and they have the right to manage it in such a way that the organization function like a democratic institution. The supreme authority is vested on the entire members irrespective of one’s financial position, this make the member’s loyalty improve, knowing fully we that the society appreciate and accommodate them.

Necessitate this research which is improving upon member loyalty through the application of the principle of democratic control. A study of two (2) society which are mainly Surulere Cooperative Society and National Archives Multipurpose Cooperative Society. The research will like to know how member co-exist, how do organs of the society co-exist, or who make the members loyalty improve, who makes laws and rules for the society and what is the criteria for knowing member loyalty.


1.2 Statement Of The Problem

Improving upon members’ loyalty through the application of the principle of democratic control cannot be over emphasized. In the real sense of cooperative it should be a guide to enable/improve member loyalty if properly executed. There is likelihood of the success to the society. However, it is clear that most of these procedures are not followed, hence creating a lot of problem in improving upon member loyalty and it is based on that, that this research is carried out.


1.3 Objective Of The Study

  1. To determine upon member loyalty through the principle or democratic control.
  2. To find out the problem of member loyalty through the principle of democratic control.
  3. To identify the factors affecting members loyalty.

1.4 Research Questions

  1. What is the extent of improving member loyalty through the application of the principle of Democratic Control?
  2. What is the effect derivable from the application of the democratic control?
  3. What are the problems of application of the principle of democratic control?

1.5 Significance Of The Study

The study examines improving upon member loyalty through the application of the principle of democratic control. The significant of the study cannot be underestimated, as this research work will be a reference for the incoming students, so they can borrow form it. This research or finding shall be very effective in enacting policies that will help regulate the activities of the types of cooperative in question for improving upon member loyalty to the general public who are interested in cooperative, they will use the result as a base for formation of viable for improving member loyalty. It will help create more awareness of the application of democratic control and improving upon member loyalty.


CHAPTER TWO

2.0 Literature Review

2.1 Introduction

This chapter focuses on the review of related literature. A literature review includes the current knowledge as well as theoretical and methodological contributions to a particular topic. It documents the state of the art with respect to the topic you are writing. It surveys the literature in the topic selected. In this research work the literature review includes the conceputal review, theoretical framework, the review of related literature …

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Defense Procedure for Economics Researchers


In preparation for defending a project or seminar on Democratic Control in Cooperative, it is imperative that as a nursing student, you demonstrate comprehensive knowledge of your research. The defense process is structured to include presenting your work, answering questions, and illustrating its pertinence. Initially, provide a succinct yet thorough introduction to your research topic, emphasizing its importance and the objectives, ensuring that both the audience and the External Examiner can understand the scope of your study.


Prior to your defense, be thoroughly acquainted with your research abstract and the critical elements of Chapter One, including motivation for embarking on this research, problem statement, objectives, and significance. In Chapter Two, be ready to cite at least two references from the literature review. For Chapter Three, you should be equipped to discuss the methodologies, tools, and techniques utilized. In Chapter Four, defend your research by justifying the findings and linking them to your research objectives.


Conclude your defense by succinctly summarizing the study and offering insightful, evidence-based recommendations. A professional dress code, such as wearing a suit and tie, is vital to create a favorable impression and elevate your presentation.


During the question and answer segment, the External Examiner may pose questions pertaining to your research. If confronted with a challenging or irrelevant question, respond diplomatically with, “Sorry, Sir/Madam, the question asked is beyond the scope of my study.” Whenever possible, direct your answers back to your research findings to reinforce your expertise.


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