VAE 311: Principles and Techniques of Veterinary and AH Extension (2+1)

DEFINITIONS

• Co-operation has been defined as a form of organization in which persons voluntarily associate together on the basis of equality for the promotion of their economic interest. Those who have come together have a common economic aim, which they cannot achieve because of their economic weakness this element of individual weakness is overcome by the pooling of their resources, by making self-help effective through mutual help.
• A co-operative organisation is an association which furnishes an economic service with entrepreneur profit and which is owned and controlled on a substantially equal basis by those for whom the service is rendered.
• A co-operative society is an enterprise formed and directed by an association of users, applying within itself the rules of democracy and directly intended to serve both its members and the community as a whole.