STRATEGIES FOR EFFECTIVE MANAGEMENT OF COOPERATIVE BUSINESS ORGANIZATI…

ABSTRACT

The strategies for effective management of cooperative business organization cannot be over emphasized since the failure or success of any business setting or establishment depends mainly on the efficiency or the strategies applied. The ultimate objective of this study is to critically examine the strategies for effective management of cooperative business organization in promoting the socio-economic conditions of the members of the cooperative thrift and loan society limited. Federal Polytechnic Nekede owerri and Nigeria in general. From the research so far  i recommend that for cooperative business organization to be effectively managed members should collaborate in providing aids and encouragements to cooperatives. Government should assist the cooperatives in obtaining loan from financial institutions where necessary  financial aids from outside should be given to cooperative when they initiate their activities or encounter financial obstacles to growth or transformation. Publicly  promotion and education campaign should be organized for members. Exemptions or reduction in grants and taxes should be given to cooperatives.