Effects of Co-operative Societies on the Standard of Living of Its Members. (A Case Study of Nestle Nigeria Plc, Agbara)
OBJECTIVES OF THE STUDY
The main objectives of the study is to examine the impact of co-operative society on the living standard of unilever members. The objective are:
- To investigate the relationship between co-operative society and organizational performance.
- To assess the standard of living of the members compare to non-members to carry out the within the organization.
- To identify the uses of funds of co-operative societies.
NATURE SCOPE AND EVOLUTION OF CO-OPERATIVE SOCIETY
Co-operative means working together, but co-operative mean more than just doing things jointly it’s also a form of voluntary organization. There are various types of definition but the basic truth or idea is that is natural organization through what could have been impossible or rather difficult to achieve as on individual. The aim of co-operating is to achieve a target of goal must be legal and constructive. Therefore human being should not co-operate to form an armed robbery gang but mainly for a better living, better forming and better business man.
According to Mr. A Calvert in his book tilled ‘’the law and principles of co-operative’’ define co-operative as a form of organization where people voluntarily associate together like human being. Working voluntarily or a party put as an association of human being working voluntarily together on the basic of quality. For the promotion of their social economic problem.
WHAT IS CO-OPERATIVE SOCIETY
Co-Operative Society defined as Enterprise or Industry in the Invitation to tender as “a legal entity which allows small and medium-sized enterprises to acquire some advantages of size, such as economies of scale, access to markets, access to finance, purchasing power, marketing power, management development and training capacity, whilst retaining their independence and flexibility”.
The basis aim of co-operative society is to achieve a common social, economic fell of member through democratic controlled business.
The word co-operative is difficult to define by just one definition and each of the definition given received lot of criticisms. Therefore, there is no specific definition of co-operative.
Co-operative is a form of organization which part of the definition as already been explained but point to emphasize here is that co-operation is a means to an end itself, in other word the practical question for the co-operation is not can we introduce co-operation but is there any object which the people have desired on need and it so can they best attain it by mean of a co-operative organizations, therefore co-operation is not the goal but may be the best of reaching the goal.
The next, the words ‘as human beings which the first sight puzzling. How, it may be asked can man join any society otherwise than as a woman being? The answer is that he/she might join as a money lender or as rich shareholder or as a person of political and social influence.
A member influence and voice in a co-operative society should depend not on his wealth or his political or social position but on his purely human qualities such as honesty, intelligence and tact.
The same idea is carried out in the next words of the definition namely on basis of equally.
There are several ways to ensure that member of a co-operative society associate together as human being on a basis of equality one is insisting on the rule of one vote another is by limiting the amount of share capital, which may be held by any one member, a hard way is by ruling that only person of a certain class can join a given society. A fourth way is to educate all members to take part in discussing freely instead of agreeing automatically with the senior member of the last speaker.
Actually, however, the phrase economic interest has in co-operative practice been stretched in cover other spheres of action, politics religion and fine arts and science are the only great field of actions which are considered chi suitable for co-operative enterprise.
The organization of individuals for a better diet, for precaution against disease and for sanitary measure in town and country for the extension of education and of group agreement the removal of social evils and the speeding of better customers.
Nevertheless it should be remember that the greatest services so far rendered by co-operation have been almost entirely in the purely economic sphere namely, the provision of loans through societies and the organization of co-operative selling buying society.
CO-OPERATIVE SOCIENTY IN FOREIGN COUNTRIES
CO-OPERATIVE MOVEMENT BRITAIN
The industrials revolution started in Britain in the middle of the 18th century, its effects brought about great implement and technical changes in the method of production both in agricultural and industrial sectors.
The adoption of new machines cause series of problems and created hardship on the people. Agriculture sector got its share of wind as farmers especially poor once were frustrated by capital list. As a result of this, the socio-economic unrest created by the effect of industrial revolution gave rise to the demand for social reforms by workers, which lead to the formation of Christ movement, friendly society and trade union.
The objective and effort of all the movement were to relieve their common suffering and free themselves from the yokes of capitalists.
Moreover great man rose up about the quarter of the eighteen century who were very sympathetic within their poor condition and stood in defense of better life and working condition for society each man included Robert own or William king.
In 2009 the corporative group merges with Britannia building society to create what it call a new “super mutual”. In hindsight, it’s not such a great idea.
The history of the corporative movement in Britain can be traced to the north of England in the mid-19th century, when corporate movment consumer societies flourished in the reigion. These groups were owned by their members, usually small retailer who sold a variety of goods in their local communities who came together came together because they wanted to combine their buying power.
Gillian lonergran, head of heritage resources at the cooperative heritage trust, says that in the 19th century, there were as many as 1,000 cooperative societies in Britain.
The cooperative group started out selling wholesale foods and other goods to its member.
It expanded to manufacturing and its first products were biscuit and boots, ms lonergan says soon a division for banks and deposit developed, this part of the group turned into what is now called the cooperative bank.
Although the banking business has been in the news lately, for most of the cooperative group’s history, banking was only one of the many business it operated.
WHAT IS THE COOPERATIVE PARTY
The political arm of the cooperative movement is called the cooperative party.
The cooperative party receives much of its funding from the cooperative group- £1m in 2012 according to the electoral commission, but the group donates money directly to labour as well.
In the current parliament there are 32 mps who stand on a joint labour. Cooperative party plat form.
Among them is shadow chancellor £d balls who received a donation of £50,000 from cooperative party in march 2012.
According to the electoral commission site, the cooperative group donated £62,000 to labour in 2012.
According to asika (2012) research design means the structuring of investment aimed at identifying variable and their relationship to another it is used by most researcher as a scheme or a blue print for data collection, prior to the actual study and it is seen as a useful spide
A research design is the determination and statement of the genial research approach or strategy adopted for the project. It is the basic plan, which guides all the phase of the research project. It specified the types of information to be collected the source of data and collection procedure. It also defined the population of study describes the sampling method and specified the size of the sample.
The nature of questionnaire should be outlined at least in terms of subject matter of not in actual consideration. A good design will make sure that the information gathered is consistence with the study objectives and that the data are collected by accurate and economical procedure.
POPULATION OF THE STUDY
According to H.O 110 and A.O jolagun (2015) populations is the collection of all element or members upon which observation is to carried out for this study the population will be the actual member of workers on duty . And for the purpose this study, the research were restricted to 70 (seventy) workers of UNILEVER PLC, Agbara. Out of which our sample is selected.
PRESENTATION, INTERPRETATION AND ANALYSIS OF DATA
PRESENTATION OF DATA
For the purpose of this research work, seventy (70) questionnaires were distributed to the organization but sixty (60) out of the seventy questionnaires were returned completely in essence we are going to base out analysis on sixty questionnaires.
SUMMARY, CONCLUSION AND RECOMMENDATION
Joining co-operative societies also make things easier for the people; they encourage then to have personal savings which would be withdrawn at anytime for personal life.
The huge profit that would have been gained by the sellers are individuals or from wholesalers who of course buy in bulks and then inflate the price before selling it out to the retailers, who would also want to make profit on their resale, thereby making the goods and services very expensive. They are more benefit in co-operative society in terms of consumers’ co-operative society whereby the people are to purchase their requirements at cheaper rate as far as their consumers shop.
The middlemen would have been eliminated by the co-operative society because they purchase required items directly from them manufactures and sell to their own members at a reduced or factory price.
Conclusively, one can say authoritatively that without any doubt of mind that co-operative societies is very vital to the development of Unilever Nigeria Plc and of course to all members of the organization.
Secondly, co-operative also help in the fair distribution of money in circulation to the member of the organization.
Based on the problem faced by the co-operative societies, one would recommend that Unilever Nigeria Plc should assist the co-operative members financially and morally to enable them to achieve their objectives at maximum rate, since it will help the co-operative society and Unilever as a whole.
Finally, co-operative societies should endeavor to register their co-operative so that they could be assisted by co-operative field official for smooth running of the societies. In addition, co-operators should pay their savings regularly and at the same time comply with the laws governing co-operative society.
More organizational members(staff) should be encouraged to join the co-operative society, this will serve as additional income to them and will also improve their standard of living.
The managers of the co-operative society should join to all members in carrying out their responsibilities to members of the society.
The co-operative society should also ensure they abide by all rules that established the society and the enhancement that established the society.
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