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CRD120

Sociology of Cooperation

This course introduces the sociology of cooperation, focusing on its application within developing economies. It explores cooperative development, the Rochdale principles, and the formation and management of cooperatives. The course examines various cooperative typologies and mechanisms for promoting cooperative actions. It aims to equip students with a sociological understanding of mutual groups and their role in addressing limitations associated with small means, particularly in rural cooperatives. The course also identifies causes of cooperative failures and provides recommendations for success in the African setting.

About this course

Difficulty
Intermediate
Study hours
208 hours
Maths
Basic
Content
Theoretical, case study
Practical work
No
How it is assessed
  • Assignments
  • Tutor marked assessments
  • Final examination

One paragraph, so you can see how it reads

CRD120 · Unit 1: Defining the Co-Operative

Agricultural and rural cooperatives are a specific type of cooperative that is formed by farmers and residents in rural areas to address their unique needs and challenges. These cooperatives play a crucial role in the agricultural and rural development of many regions around the world.

What you should be able to do

  1. Define and differentiate various types of cooperative societies.
  2. Explain the Rochdale Principles and their relevance to modern cooperatives.
  3. Analyze the financial structure and management of cooperative enterprises.
  4. Evaluate the role of cooperatives in promoting sustainability and food security.
  5. Identify the challenges and opportunities facing cooperatives in developing economies.

What it prepares you for

Careers
  • Cooperative Manager
  • Rural Development Officer
  • Agricultural Extension Worker
  • Community Development Specialist
  • Entrepreneur
Where it is applied
  • Agriculture
  • Finance
  • Retail
  • Community Development
  • Social Enterprise

Where it gets hard

The units students slow down on, and what makes each one heavy.

  • MODULE ONE: PERSPECTIVE DEFINITIONS OF COOPERATIVE, CLASSIFICATIONS AND ROCHDALE PRINCIPLES

    Unit 1: Defining the Co-operative and the Double/Dual Nature of Cooperatives

    Requires understanding the dual nature of cooperatives as both social and economic entities, which can be conceptually challenging.

  • MODULE FOUR: COOPERATIVE MANAGEMENT AND GEARING RATIO

    Unit 18: The Gearing Ratio

    Involves complex calculations and understanding of financial risk assessment in cooperative enterprises.

A suggested way through it

Suggested

13 weeks, about 55 hours in total. Yours will differ.

  1. Week 1MODULE ONE: PERSPECTIVE DEFINITIONS OF COOPERATIVE, CLASSIFICATIONS AND ROCHDALE PRINCIPLES
    • Unit 1: Defining the Co-operative and the Double/Dual Nature of Cooperatives · 3 hours

      Define cooperatives and explore their dual nature as social and economic organizations.. Discuss the roles of agricultural and rural cooperatives in developing economies.. Differentiate between investor-oriented and cooperative corporations..

  2. Week 2MODULE ONE: PERSPECTIVE DEFINITIONS OF COOPERATIVE, CLASSIFICATIONS AND ROCHDALE PRINCIPLES
    • Unit 2: The Rochdale Principle: Principles or Practices · 3 hours

      Examine the Rochdale Principles and their applicability in modern cooperative practices.. Analyze the principles of open membership, one person-one vote, and limited returns on stock.. Evaluate the relevance of cash trading, member education, and political neutrality in contemporary cooperatives..

  3. Week 3MODULE ONE: PERSPECTIVE DEFINITIONS OF COOPERATIVE, CLASSIFICATIONS AND ROCHDALE PRINCIPLES
    • Unit 3: The Concept of the Sociological Group and the Co-operative Business Enterprise · 3 hours

      Understand the concept of a sociological group and its relation to cooperative business enterprises.. Distinguish between sociological groups and cooperative business enterprises.. Explore the role of brotherhood economics in cooperative success..

    • Unit 4: Classification of Co-operatives: Types and Criteria · 3 hours

      Classify different types of cooperatives based on various criteria.. Examine multipurpose, consumer, producer, marketing, and savings and credit cooperatives.. Discuss the advantages and disadvantages of cooperative marketing..

  4. Week 4MODULE TWO: RATIONALE FOR ESTABLISHING COOPERATIVES, DIMENSIONS AND FOOD SECURITY
    • Unit 5: Motives for Forming/Joining Cooperatives · 4 hours

      Identify and analyze the economic, sociological, and emotional motives for forming or joining cooperatives.. Discuss the role of cooperatives in providing economic benefits, security, and protection to members.. Examine the influence of external pressures on cooperative membership..

  5. Week 5MODULE TWO: RATIONALE FOR ESTABLISHING COOPERATIVES, DIMENSIONS AND FOOD SECURITY
    • Unit 6: Forming a Cooperative · 3 hours

      Outline the structural and administrative requirements for forming a cooperative.. Discuss the steps involved in cooperative formation, including contacting development offices and formulating bye-laws.. Examine the voluntary nature of cooperatives and the motives for individuals joining social networks..

  6. Week 6MODULE TWO: RATIONALE FOR ESTABLISHING COOPERATIVES, DIMENSIONS AND FOOD SECURITY
    • Unit 7: Multi Dimensions of a Cooperative. · 3 hours

      Explore the multi-dimensional focus of cooperatives and their development challenges.. Discuss the economic, social, and environmental dimensions of cooperative sustainability.. Examine the different schools of thought concerning the future of cooperative action..

  7. Week 7MODULE TWO: RATIONALE FOR ESTABLISHING COOPERATIVES, DIMENSIONS AND FOOD SECURITY
    • Unit 8: Cooperatives, Sustainability and Food Security · 3 hours

      Analyze the relationship between cooperatives, sustainability, and food security.. Discuss the role of cooperatives in promoting financial, social, and environmental sustainability.. Examine how cooperatives contribute to household food security in developing economies..

  8. Week 8MODULE TWO: RATIONALE FOR ESTABLISHING COOPERATIVES, DIMENSIONS AND FOOD SECURITY
    • Unit 9: Cooperative as a Hybrid Organization · 3 hours

      Understand cooperatives as hybrid organizations with multiple goals and stakeholders.. Discuss co-production and cooperative welfare services.. Examine internal decision-making processes in multi-stakeholder cooperatives..

  9. Week 9MODULE THREE: COOPERATIVE FINANCE AND GROUP OPERATIONS
    • Unit 10: The Financing of the Co-Operative Enterprise · 3 hours

      Outline the various forms and sources of finance for cooperative enterprises.. Discuss the importance of initial capital and member investment plans.. Examine the role of debt capital in cooperative financing..

  10. Week 10MODULE THREE: COOPERATIVE FINANCE AND GROUP OPERATIONS
    • Unit 11: Cooperative Internal Financing · 3 hours

      Analyze the concept of internal financing in cooperatives.. Discuss the importance and uses of reserve funds.. Examine revolving capital financing plans and their benefits..

    • Unit 12: Multi-Stakeholders Cooperatives · 3 hours

      Describe multi-stakeholder cooperatives and their unique features.. Examine the diverse membership categories and democratic governance principles.. Discuss the challenges and benefits of balancing stakeholder interests..

  11. Week 11MODULE THREE: COOPERATIVE FINANCE AND GROUP OPERATIONS
    • Unit 13: Internal Working of Group · 3 hours

      Discuss the internal management of cooperatives and the assignment of roles and responsibilities.. Examine the management roles of members and the board of directors.. Understand the selection process and responsibilities of the cooperative manager..

  12. Week 12MODULE FOUR: COOPERATIVE MANAGEMENT AND GEARING RATIO
    • Unit 14: Managing Cooperatives for Success. · 3 hours

      Analyze the key elements of managing cooperatives for success.. Discuss the roles of members and the cooperative board of directors.. Examine the selection and hiring process for a competent manager..

  13. Week 13MODULE FOUR: COOPERATIVE MANAGEMENT AND GEARING RATIO
    • Unit 15: Cooperative Manager · 3 hours

      Identify the roles and responsibilities of the cooperative manager.. Discuss the strategic position of the manager and the planning activities involved.. Examine the managerial functions of organizing, directing, staffing, and control and evaluation..

    • Unit 16: Market Pooling · 3 hours

      Explain market pooling and its advantages in agricultural marketing cooperatives.. Discuss how pooling differs from other marketing methods.. Examine the different types of pools and their characteristics..

    • Unit 17: Financing Cooperative Activities · 3 hours

      Discuss the financing of cooperative activities and the challenges of free-riding.. Examine the mechanisms for promoting cooperation, including reciprocity, reputation, retribution, and rewards.. Analyze the importance of member financing and external support..

    • Unit 18: The Gearing Ratio · 3 hours

      Understand the gearing ratio as an index of financial strength.. Discuss the legal framework, privileges, and responsibilities of cooperatives.. Examine the issues relating to declining external support and maintaining market share..

Preparing for the exam

What to do
  • Focus on understanding the Rochdale Principles and their practical applications.
  • Review the different types of cooperative societies and their characteristics.
  • Practice calculating financial ratios such as the gearing ratio.
  • Study case studies of successful and unsuccessful cooperatives to identify key factors.
  • Create concept maps linking cooperative principles to real-world scenarios.
  • Prioritize understanding the roles and responsibilities of cooperative managers and board members.
  • Regularly review tutor-marked assignments (TMAs) and seek clarification on areas of difficulty.

Questions students ask about this course

What is CRD120 about?

This course introduces the sociology of cooperation, focusing on its application within developing economies. It explores cooperative development, the Rochdale principles, and the formation and management of cooperatives. The course examines various cooperative typologies and mechanisms for promoting cooperative actions. It aims to equip students with a sociological understanding of mutual groups and their role in addressing limitations associated with small means, particularly in rural cooperatives. The course also identifies causes of cooperative failures and provides recommendations for success in the African setting.

How many units does CRD120 have?

CRD120, Sociology of Cooperation, has 18 units across 4 modules, over 161 pages of course material. You can read it one unit at a time.

How many credit units is CRD120?

CRD120 carries 3 credit units, at 100 level in Management Sciences.

Is CRD120 hard?

CRD120 is rated intermediate level, with basic mathematical content. It is mostly theoretical and case study work.

How long does CRD120 take to study?

About 208 hours of study, spread across its 18 units.

How is CRD120 assessed?

CRD120 is assessed by assignments, tutor marked assessments and final examination.

What can I do with CRD120?

Cooperative Manager, Rural Development Officer, Agricultural Extension Worker, Community Development Specialist and Entrepreneur.

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