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Student's Book  Form Five


          National co-operatives: These  are         Consumer co-operatives: These  are
          co-operative societies that operate within   co-operatives whose main objective is
          the boundaries of a certain nation. The    to protect consumer in terms of price
          main objective of national co-operative is   variation and improvement of the welfare
          to develop and strengthen the co-operative   of the consumer. For example, the Tanzania
          movement in order to play a leading role in   Consumer Advocacy Society (TCAS).
        FOR ONLINE READING ONLY
          poverty eradication, employment creation   Transport  co-operatives: These  are
          and socio-economic transformation in the   co-operative societies whose main
          nation.                                    objective is to deal with the welfare
          International co-operatives: These         of the transport industry. For example,
          are co-operative societies that operate    the Tanzania Bus Owners Association
          among countries.  They are located in      (TABOA).
          many countries. The main objective of
          international co-operatives is to promote   Handcraft co-operatives:  These  are
          the world co-operative movement, promote   co-operatives that deal with the welfare
          and protect co-operative values and        of  handcraft dealers.  For  example,
          principles, and facilitate the development   the  Tanzania  Handcraft Association
          of economic and other mutually beneficial   (TanCraft).
          relations between its member organisations.   Multipurpose co-operatives: These are
          For example, the African Cashew Alliance   co-operatives that serve different purposes
          (ACA).                                     of the members.

                                                     Farm products co-operatives: These are
          According to the services they provide     co-operatives that deal only with the
          The co-operatives that  are registered     farm producers and their products such
          according to the services they provide are   as Kilimanjaro Native Co-operative Union
          categorised as follows:                    (KNCU).
          Marketing co-operative societies: These
          are co-operative societies in which the    Advantages of co-operatives
          main objective is to market the products   The following  are  the advantages of
          of its members. These are also known       co-operatives:
          as producer co-operative societies such    Easy formation:  The formation of a
          as Agricultural Marketing Cooperative      co-operative organisation is considered
          Societies (AMCOS).                         easy as there is always a co-operative

          Saving and Credit Co-operative Societies   officer  in  place  to  assist  and  provide
          (SACCOS): These are co-operatives whose    guidelines.
          main objective is to make their members    Freedom  of entry  and exit:  Everyone
          save.  They  also  offer  credits  to  their   who is interested can join a co-operative
          members.                                   organisation. A member can be anyone



                                                  31        Business Studies for Advanced Secondary Schools



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