Tag: basic cooperative principles

Authors: Greg McKee, North Dakota State University, gregory.mckee@ndsu.edu, and Donald Frederick,
Rural Business-Cooperative Service, USDA

Probably the most widely known and proven of collaborative business organizations are cooperatives. They are usually formed of many entities and are legally constituted, limited liability corporations controlled by their members.

Cooperative members are often in the same industry and have common economic interests that may involve joint marketing, purchasing of supplies and/or the providing of services.

Organizational Characteristics of Cooperatives

• A separate, legal limited-liability

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• Social Service Cooperatives
• Supply and Purchasing Cooperatives
• Processing and Marketing Cooperatives

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Authors: Greg McKee, North Dakota State University, gregory.mckee@ndsu.edu, and Donald Frederick,
Rural Business-Cooperative Service, USDA

Cooperative Principles

Various writers over the past century have analyzed and observed the application of cooperative principles. Although slight differences in terminology appear on the various lists, three principles emerge as being widely recognized and practiced.

These principles are more than just good practices, policies or common sense. They distinguish a cooperative from other kinds of business. They are also recognized in state and …

 

Authors: Greg McKee, North Dakota State University, gregory.mckee@ndsu.edu, and Donald Frederick, Rural Business-Cooperative Service, USDA

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