COP411 : Consumer Cooperative (2014)

NATIONAL OPEN UNIVERSITY OF NIGERIA

14/16 AHMADU BELLO WAY, VICTORIA ISLAND, LAGOS

SCHOOL OF MANAGEMENT SCIENCES

MARCH 2014 EXAMINATION

COURSE CODE: COP 411 CREDIT UNIT: 2

COURSE TITLE: Consumer Cooperative

TIME ALLOWED: 2hrs

Instructions: 1. Attempt question Number one (1) and any other two (2).

2. Question number 1 is compulsory and carries 30 marks, while the other

questions carry equal marks each

3. Present all your points in coherent and orderly manner

1.

a. What are government advances? In what forms are they sourced?

b. Highlight 3 disadvantages of government advances in cooperative financing.

c. Apart from the complex mixture of items handled by consumer cooperatives, list 4 other problems that are associated with the consumer cooperatives in Nigeria

d. What are the basic questions that a method audit will address?

e. Highlight 5 internal uses of business statistical data

2.

a. Highlight the three objectives of Merchandizing cooperatives

b. Highlight 4 considerations for setting a competitive price in a marketing cooperative

3.

a. List 7 things a consumer Cooperative must do so as to be an economy democracy to members.

b. Merchandizing cooperatives have in common the ultimate purpose of sale of goods direct to the consumers. List 4 examples of Merchandizing cooperatives you know.

4.

a. List 8 issues that must be taken into considerations in developing a cooperative trading policy for extending credit facilities

b. Who is a wholesaler? discuss 3 features that differentiate a wholesaler from a retailer

c. Lit 5 contract responsibilities of the wholesaler to the retailer

5.

a. Differentiate between cooperative individualism and cooperative federalism

b. Give two examples each of cooperative individualism and federalism

For the 2015 – till date past questions for this course CLICK HERE

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