What are the similarities between cooperative society and company and their source of capital ?
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Feb 23
1. Both cooperative societies and companies are legal entities that are formed with the purpose of conducting business activities.
2. Both cooperative societies and companies can raise capital through the issuance of shares or membership fees.
3. Both cooperative societies and companies can also raise capital through loans from financial institutions or other sources.
4. Both cooperative societies and companies can generate capital through profits earned from their business activities.
5. Both cooperative societies and companies can also receive capital from external investors or stakeholders who are willing to invest in their business.
Overall, the main similarity between cooperative societies and companies in terms of their source of capital is that they both have the ability to raise funds through various means such as share issuance, membership fees, loans, profits, and external investments.