NATIONAL OPEN UNIVERSITY OF NIGERIA

UNIVERSITY VILLAGE, PLOT 91, CASDASTRAL ZONE, NNAMDI AZIKIWE EXPRESS WAY, JABI, ABUJA.
FACULTY OF MANAGEMENT SCIENCES
JANUARY 2021 EXAMINATION

COURSE CODE: CRD 307

CREDIT UNIT: 3

COURSE TITTLE: PRODUCER COOPERATIVE

TIME ALLOWED: 3 HOURS

INSTRUCTIONS: 1. Indicate your Matriculation Number clearly

2. Attempt Question one (1) & any other three (3) questions.

3. Question (1) is compulsory and carries 25marks, while the other questions carry 15 Marks each with Total of 70 Marks

4. Present all your points in coherent and orderly Manner

QUESTION 1:

A. Producer cooperative is one of the major types of cooperative which contribute immensely towards the development of Nigeria economy. Based on your understanding, practically explain what producer cooperative entails in Nigeria. [15 Marks]

B. As the case may be in Nigeria, what are the common characteristics that are best explained or defined producer cooperative societies? [10 Marks]

QUESTION 2:

Cooperatives are complex organization. They rarely have a single objective. Often they strive to achieve benefits for members through providing a range of services. It is expected that the main objective producers‟ cooperative among others will reflect the utilization of members‟ skills for end result(s) of their production activity. As such, highlight the major objectives of management of producer cooperative society. [15 Marks]

QUESTION 3:

For effective management, appraisal and planning of producers’ cooperative, statistical information is indispensable. Statistics relating to producers‟ cooperative centers on analysis of the quantity and quality of labour, materials and money. Describe the concept of statistic and briefly explain the sources of statistical data for producer cooperative society. [15 Marks]

QUESTION 4: In a producers cooperative the raw materials, parts and tools are obtained from outside the cooperative as members contribution remains their skills. There is also the need to move these materials into and out of storage, within the production premises from one machine to another, etc. As such, explain the procurement and movement of materials in producer cooperative society. [15 Marks]

QUESTION 5:

Discuss the nature of the relationship that exist between the producer cooperative society and government officials of the state. [15 Marks]

QUESTION 6:

Extensively discuss the two (2) directions of inspection of products in the producers’ cooperative societies in Nigeria. [15 Marks]