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COP317Management Sciences2 Unitsintermediate

Producers Cooperative Management

This course on Producers Cooperative Management (COP 317) provides students with essential knowledge of cooperative management principles. It covers the nature of producers' cooperatives, management structures, production planning, procurement, and marketing strategies. Students will learn about financial instruments, teamwork, internal and external relations, and challenges in the Nigerian context. The course aims to equip learners with the skills to advise cooperators on effective management practices and appreciate the role of government officials.

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208h
Study Time
13
Weeks
16h
Per Week
basic
Math Level
Course Keywords
Producers CooperativeManagementProduction PlanTeamworkNigeria

Course Overview

Everything you need to know about this course

Course Difficulty

Intermediate Level
Builds on foundational knowledge
65%
intermediate
➕
Math Level
Basic Math
📖
Learning Type
Theoretical Focus

Course Topics

Key areas covered in this course

1

Nature of Producers Cooperative

2

Cooperative Management Fundamentals

3

Production Planning

4

Procurement and Movement of Materials

5

Financial Instruments

6

Staff Management and Teamwork

7

External Relations

8

Management Controls

Total Topics8 topics

Ready to Start

No specific requirements needed

This course is designed to be accessible to all students. You can start immediately without any prior knowledge or specific preparation.

Assessment Methods

How your progress will be evaluated (3 methods)

assignments

Comprehensive evaluation of course material understanding

Written Assessment

tutor-marked assessments

Comprehensive evaluation of course material understanding

Written Assessment

final examination

Comprehensive evaluation of course material understanding

Written Assessment

Career Opportunities

Explore the career paths this course opens up for you

Cooperative Manager

Apply your skills in this growing field

Business Advisor

Apply your skills in this growing field

Government Liaison

Apply your skills in this growing field

Project Coordinator

Apply your skills in this growing field

Industry Applications

Real-world sectors where you can apply your knowledge

AgricultureManufacturingRetailService Industries

Study Schedule Beta

A structured 13-week journey through the course content

Week
1

MODULE 1

2h

Unit 1: Nature of producers cooperative

2 study hours
  • •Understand the definition and characteristics of producers cooperatives.
  • •Identify different types of recycling and worker cooperatives.
  • •Explain the role of member-owner employees in management success.
Week
2

MODULE 1

2h

Unit 2: Definition of management and fundamentals of cooperative management

2 study hours
  • •Define management and its four functions: planning, organizing, directing, and controlling.
  • •Discuss the principles of management and their application in cooperative settings.
  • •Explain the cooperative principles of open membership, democratic control, and limited interest on share capital.
Week
3

MODULE 1

2h

Unit 3: Structure of management and management committee (Manager)

2 study hours
  • •Describe the tier system in cooperative management and its impact on structure.
  • •Explain the functions of the management committee or board of directors.
  • •Identify the qualities of a good cooperative manager, including knowledge of cooperative principles and accounting.
Week
4

MODULE 1

2h

UNIT 4: Objectives of Management of producers cooperative

2 study hours
  • •State the main and other objectives of producers cooperatives.
  • •Simulate objectives for various types of producer cooperatives, such as fertilizer production or labor contracting.
  • •Understand the importance of utilizing members' skills for effective production.
Week
5

MODULE 2

2h

Unit 5: Producers cooperative production plan

2 study hours
  • •Explain the importance of production planning for steady output.
  • •Identify key items considered in a production plan, such as premises, machinery, and staff.
  • •Describe the production plan process, including estimating raw materials, labor, and storage space.
Week
6

MODULE 2

2h

Unit 6: Procurement and movement of material

2 study hours
  • •Discuss the types of materials needed for producers cooperative production.
  • •Explain the manager's role in acquiring and moving materials, including quality control and stock management.
  • •Understand the importance of timely deliveries and prompt attention to consumer orders.
Week
7

MODULE 2

2h

Unit 7: Inspection of products

2 study hours
  • •Identify the types of products that need inspection in a producers cooperative.
  • •Explain why product inspection is necessary for quality control and customer satisfaction.
  • •Describe the process of inspecting raw materials and finished products.
Week
8

MODULE 2

2h

Unit 8: Managing Transportation

2 study hours
  • •Identify factors influencing the need for transportation systems in producers cooperatives.
  • •List the types of transport available, including internal and external transport.
  • •Explain the duties of a manager in managing transportation, such as vehicle maintenance and route planning.
Week
9

MOLUDE 3

2h

Unit 9: Accounts as instrument of management

2 study hours
  • •Explain how accounts provide vital information for managing producers cooperatives.
  • •Identify key information from profit and loss accounts and balance sheets.
  • •Discuss questions that management can answer using accounting information, such as cost analysis and capital usage.
Week
10

MOLUDE 3

2h

Unit 10: Cost Accounting for management decision

2 study hours
  • •Define cost accounting and its usefulness in decision-making.
  • •Describe the procedure for costing, including estimating direct and indirect expenses.
  • •Explain how cost accounting helps in budgeting, pricing, and resource allocation.
Week
11

MOLUDE 3

2h

Unit 11: Statistics and management appraisal and planning

2 study hours
  • •Define statistics and its role in management appraisal and planning.
  • •Identify sources of statistical data, including primary and secondary sources.
  • •Explain how to present statistical information in tables, graphs, and charts for effective decision-making.
Week
12

MOLUDE 3

2h

Unit 12: Staff management and Team work

2 study hours
  • •Explain the importance of staff management and teamwork in producers cooperatives.
  • •Discuss the manager's role in establishing and sustaining teamwork.
  • •Describe how delegation, communication, and effective control contribute to team success.
Week
13

MODULE 4

4h

Unit 13: Relations of Staff and cooperative members

2 study hours
  • •Explain the importance of good relationships between staff and members in producers cooperatives.
  • •Discuss how managers can improve relationships between non-member workers and member-employees.
  • •Describe strategies for motivating members and fostering cordial relations.

Unit 14: External relations

2 study hours
  • •Discuss the importance of maintaining good external relations with the general public and government officials.
  • •Explain how producers cooperatives can educate the public about their business and promote transparency.
  • •Describe the powers and responsibilities of government officials in supervising cooperative societies.

This study schedule is in beta and may not be accurate. Please use it as a guide and consult the course outline for the most accurate information.

Course PDF Material

Read the complete course material as provided by NOUN.

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Study Tips & Exam Preparation

Expert tips to help you succeed in this course

1

Create a study schedule to cover all units, allocating more time to complex topics.

2

Review cooperative principles and their application in management.

3

Practice financial statement analysis, focusing on key ratios and performance indicators.

4

Summarize key points from each unit and create flashcards for quick review.

5

Review all assignments and tutor-marked assessments to identify areas for improvement.

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