Producers Cooperative Management
- Management Sciences
- 300 level
- 2 credit units
- 124 pages
- 16 units
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.
About this course
- Difficulty
- Intermediate
- Study hours
- 208 hours
- Maths
- Basic
- Content
- Theoretical
- Practical work
- No
- Assignments
- Tutor marked assessments
- Final examination
What you'll read
The real module and unit structure of COP317, taken from the course material NOUN publishes.
- UNIT 1: NATURE OF PRODUCERS COOPERATIVEPage 16
- UNIT 2: DEFINITION OF MANAGEMENT AND FUNDAMENTALS OF COOPERATIVE MANAGEMENTPage 24
- UNIT 3: STRUCTURE OF MANAGEMENT AND MANAGEMENT COMMITTEE (MANAGER)Page 36
- UNIT 4: OBJECTIVES OF MANAGEMENT OF PRODUCES COOPERATIVEPage 41
- UNIT 5: PRODUCERS COOPERATIVE MANAGEMENT AND PRODUCTION PLANPage 45
- UNIT 6: PROCUREMENT AND MOEMENT OF MATERIALSPage 56
- UNIT 7: INSPECTION OF PRODUCTSPage 59
- UNIT 8: MANAGING TRANSPORTATIONPage 63
- UNIT 9: ACCOUNTS AS INSTRUMENT OF MANAGEMENTPage 75
- UNIT 10: COST ACCOUNTING FOR MANAGEMENT DECISION IN PRODUCTION COOPERATIVEPage 80
- UNIT 11: STATISTICS AND MANAGEMENT, APPRAISAL AND PLANNINGPage 84
- UNIT 12: STAFF MANAGEMENT AND TEAM WORKPage 94
- UNIT 13: RELATIONSHIP OF THE STAFF AND PRODUCERS COOPERATIVE MEMBERSPage 103
- UNIT 14: EXTERNAL RELATIONSPage 108
- UNIT 15: MANAGEMENT CONROLPage 116
- UNIT 16: PROBLEMS OF PRODUCERS COOPERATIVE AND THE MANAGEMENT IN NIGERIAPage 121
One paragraph, so you can see how it reads
COP317 · UNIT 1: NATURE OF PRODUCERS COOPERATIVE
A producer cooperative is a cooperative business where skilled workmen and workwomen set up their own factories (business). Members (skilled) of such producer cooperative employees (shareholders) are paid wages and receive bonus from the surplus (profit) of the enterprise. Such producer cooperatives are identified as industrial cooperative, industrial productive cooperative (Youngjohns, 1978. P.16) etc.
What you should be able to do
- Discuss the nature of producers cooperatives
- Explain the fundamentals of cooperative management
- Discuss producers cooperative production plan
- Explain procurement and movement of materials
- Discuss relations as it affects management in cooperative
- Identify and discuss the development of producers cooperative in Nigeria
What it prepares you for
- Cooperative Manager
- Business Advisor
- Government Liaison
- Project Coordinator
- Agriculture
- Manufacturing
- Retail
- Service Industries
Where it gets hard
The units students slow down on, and what makes each one heavy.
- MODULE 3
Unit 10: Cost Accounting for management decision
Cost accounting concepts require understanding of financial statements and allocation of overhead costs.
- MODULE 4
Unit 14: External relations
Understanding the legal framework and powers of government officials requires familiarity with cooperative laws and regulations.
A suggested way through it
13 weeks, about 28 hours in total. Yours will differ.
- Week 1MODULE 1
Unit 1: Nature of producers cooperative · 2 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 2MODULE 1
Unit 2: Definition of management and fundamentals of cooperative management · 2 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 3MODULE 1
Unit 3: Structure of management and management committee (Manager) · 2 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 4MODULE 1
UNIT 4: Objectives of Management of producers cooperative · 2 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 5MODULE 2
Unit 5: Producers cooperative production plan · 2 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 6MODULE 2
Unit 6: Procurement and movement of material · 2 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 7MODULE 2
Unit 7: Inspection of products · 2 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 8MODULE 2
Unit 8: Managing Transportation · 2 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 9MOLUDE 3
Unit 9: Accounts as instrument of management · 2 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 10MOLUDE 3
Unit 10: Cost Accounting for management decision · 2 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 11MOLUDE 3
Unit 11: Statistics and management appraisal and planning · 2 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 12MOLUDE 3
Unit 12: Staff management and Team work · 2 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 13MODULE 4
Unit 13: Relations of Staff and cooperative members · 2 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 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..
Preparing for the exam
- Create a study schedule to cover all units, allocating more time to complex topics.
- Review cooperative principles and their application in management.
- Practice financial statement analysis, focusing on key ratios and performance indicators.
- Summarize key points from each unit and create flashcards for quick review.
- Review all assignments and tutor-marked assessments to identify areas for improvement.
Questions students ask about this course
What is COP317 about?
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.
How many units does COP317 have?
COP317, Producers Cooperative Management, has 16 units across 1 module, over 124 pages of course material. You can read it one unit at a time.
How many credit units is COP317?
COP317 carries 2 credit units, at 300 level in Management Sciences.
Is COP317 hard?
COP317 is rated intermediate level, with basic mathematical content. It is mostly theoretical work.
How long does COP317 take to study?
About 208 hours of study, spread across its 16 units.
How is COP317 assessed?
COP317 is assessed by assignments, tutor marked assessments and final examination.
What can I do with COP317?
Cooperative Manager, Business Advisor, Government Liaison and Project Coordinator.