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CRD301Agricultural Sciences2 Unitsintermediate

Consumer Cooperatives

This course introduces students to consumer cooperatives, exploring their historical development, structure, and management in Nigeria. It covers the evolution of the British consumer cooperative movement and its influence. Students will learn about the concept of competitive and monopolistic markets, the social criticisms of capitalist markets, and the diseconomies of prevailing distributive systems. The course also examines cooperative finance, pricing, salesmanship, and bookkeeping practices.

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52h
Study Time
13
Weeks
4h
Per Week
basic
Math Level
Course Keywords
Consumer CooperativeNigeriaMarket StructureCapitalismBookkeeping

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

History of Cooperatives

2

Market Structures

3

Capitalism

4

Consumer Cooperatives in Nigeria

5

Organizational Structures

6

Cooperative Management

7

Financing

8

Pricing

9

Salesmanship

10

Bookkeeping

11

Surplus Distribution

12

General Meetings

13

Case Studies

Total Topics13 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

Community Development Officer

Apply your skills in this growing field

Agricultural Extension Officer

Apply your skills in this growing field

Small Business Advisor

Apply your skills in this growing field

Non-profit Administrator

Apply your skills in this growing field

Industry Applications

Real-world sectors where you can apply your knowledge

AgricultureRetailFinanceCommunity DevelopmentNon-profit Organizations

Study Schedule Beta

A structured 13-week journey through the course content

Week
1

Module 1:

4h

Unit 1: The History of the British Consumer Cooperative Movement

2 study hours
  • •Read about the Owenites and Rochdale Pioneers.
  • •Understand the focus of early cooperative movements.
  • •List the rules and regulations guiding early cooperatives.

Unit 2: The Structure and Problems of Consumer Cooperative in Nigeria

2 study hours
  • •Explain the structure of consumer cooperatives in Nigeria.
  • •Discuss the problems faced by these cooperatives.
  • •Analyze the pyramid structure of cooperative movements.
Week
2

Module 1:

4h

Unit 3: The Concept of Competitive and Monopolistic Market Structure

2 study hours
  • •Explain competitive and monopolistic market structures.
  • •Outline the characteristics of different market structures.
  • •Differentiate between perfect and imperfect competition.

Unit 4: The Social Criticisms of the Capitalist Market-High Prices, Wasteful Advertising, Hoarding Goods Etc

2 study hours
  • •Explain capitalism and its criticisms.
  • •Identify similarities and differences between cooperative societies and capitalism.
  • •Discuss social criticisms of a capitalist market.
Week
3

Module 1:

2h

Unit 5: The Diseconomies of the Prevailing Distributive System

2 study hours
  • •Explain the distributive system of cooperative marketing.
  • •State distribution channels in cooperative organizations.
  • •Describe the economic consequences of a poor distribution system.
Week
4

Module 2:

2h

Unit 1: The Introduction of Consumer Cooperative in Nigeria with the NSCA in 1940- Reasons for Failure of Early Societies

2 study hours
  • •Explain the history of consumer cooperative societies in Nigeria.
  • •Identify types of cooperative societies in Nigeria.
  • •Outline the problems of consumer cooperatives.
Week
5

Module 2:

2h

Unit 2: The Choice Between a "Top- Downwards" and "Bottom-Upward" Organisation Structure

2 study hours
  • •Describe top-downwards and bottom-upwards organizational structures.
  • •Explain the differences between the two approaches.
  • •Outline the strengths and weaknesses of each approach.
Week
6

Module 2:

2h

Unit 3: The History and Strength of Consumer Cooperatives in Nigeria Today

2 study hours
  • •Explain the history and strength of consumer cooperatives in Nigeria today.
  • •Describe the functions of consumer cooperatives.
  • •Discuss the problems confronting consumer cooperatives.
Week
7

Module 2:

2h

Unit 4: Organisation Structure of Cooperative Societies in Nigeria

2 study hours
  • •Explain what an organization structure means.
  • •Describe the various types of categorizations.
  • •Analyze the consumer and producer approaches.
Week
8

Module 2:

2h

Unit 5: Organisation and Management of Consumer Cooperatives

2 study hours
  • •Explain the nature of cooperative societies.
  • •Discuss the management of cooperatives.
  • •List elements of cooperative management.
Week
9

Module 3:

2h

Unit 1: Selling, Financing, Pricing and Salesmanship

2 study hours
  • •Explain the meaning of supply problems, selling, stock keeping, financing, pricing, and salesmanship.
  • •Explain how these variables operate in a cooperative setting.
  • •Analyze the selling process.
Week
10

Module 3:

2h

Unit 2: Book-Keeping in a Consumer Cooperatives

2 study hours
  • •Explain the importance of book-keeping in consumer cooperatives.
  • •Discuss the legal requirement of book-keeping in cooperatives.
  • •List the various types of accounting records.
Week
11

Module 3:

2h

Unit 3: Distribution of Surplus

2 study hours
  • •Explain how surpluses are created.
  • •Explain different ways of distributing surpluses.
  • •Discuss legal backing for the distribution of surpluses.
Week
12

Module 3:

2h

Unit 4: General Meetings: Committee Meetings, Functions of the General Manager

2 study hours
  • •Discuss the functions of a general manager and committee meetings.
  • •Identify the major organs of cooperative organizations.
  • •Analyze the different types of general meetings.
Week
13

Module 3:

2h

Unit 5: Duties of Secondary and Apex Consumer Societies- Case Study Guides to Case Study for Examination Purposes and Class Discussions

2 study hours
  • •Explain what case study is all about.
  • •Analyze the case study provided.
  • •Propose solutions to the problems identified in the case study.

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

Review the history of cooperative movements, focusing on key figures and events.

2

Create concept maps linking market structure types to cooperative strategies.

3

Practice financial statement analysis for cooperative businesses.

4

Study case studies and identify common challenges and solutions.

5

Focus on the legal and regulatory framework governing cooperatives in Nigeria.

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