NATIONAL OPEN UNIVERSITY OF NIGERIA

UNIVERSITY VILLAGE, PLOT 91, CASDASTRAL ZONE, NNAMDI AZIKIWE EXPRESS WAY, JABI, ABUJA.
FACULTY OF MANAGEMENT SCIENCES
JANUARY 2018 EXAMINATION

COURSE CODE: 307                                                                                   CREDIT UNIT: 2

COURSE TITLE:     PRODUCERS COOPERATIVE

TIME ALLOWED:   2 HOURS

Instructions:  1. Attempt question number one (1) and any other (2) questions.

2. Question number 1 carries 30 marks, while the other questions carry 20 marks each.

3. Present all your points in coherent and orderly manner.

1a. The powers and responsibilities of the cooperative department are derived from the cooperative law. State and Discuss Five (5) of these Powers.

b. According to Young Johns (1978), Discuss Five (5) Fundamentals of Cooperative Management.

c. Write short notes on the following: (i) Preparatory work and (ii) Premises and Machinery. (30 marks)

2a. Briefly discuss the problems militating against the development of Producers’ Cooperative in Nigeria,

b. In Management Control in a Producers’ Cooperative, the objective of the supervisory committee is to assist the management in carrying out the purpose of the organization. State these Roles. (20 marks)

3a. Elaborate on the Usefulness of Cost Accounting

b. Discuss the Two (2) Basic aspects of the Accounting System of a Producers’ Cooperative (20 marks)

4a. Elaborate on the Objectives of Management of Producers’ Cooperative with one example.

b. Discuss Five (5) important components of the Planning Process. (20 marks)

5a. Explain Four (4) Components of Marketing Mix.

b. Discuss the things the manager must pay attention to in the procurement of raw materials? (20 marks)