Consumer Cooperatives
- Agricultural Sciences
- 300 level
- 2 credit units
- 85 pages
- 15 units
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.
About this course
- Difficulty
- Intermediate
- Study hours
- 52 hours
- Maths
- Basic
- Content
- Theoretical, case study
- Practical work
- No
- Assignments
- Tutor marked assessments
- Final examination
What you'll read
The real module and unit structure of CRD301, taken from the course material NOUN publishes.
- UNIT 1 THE HISTORY OF THE BRITISH CONSUMER COOPERATIVE MOVEMENTPage 77
- UNIT 2 THE STRUCTURE AND PROBLEMS OF CONSUMER COOPERATIVE IN NIGERIAPage 5
- UNIT 3: THE CONCEPT OF COMPETITIVE AND MONOPOLISTIC MARKET STRUCTUREPage 12
- UNIT 4 THE SOCIAL CRITICISMS OF THE CAPITALIST MARKET-HIGH PRICES, WASTEFUL ADVERTISING, HOARDING GOODS ETCPage 16
- UNIT 5 THE DISECONOMIES OF THE PREVAILING DISTRIBUTIVE SYSTEMPage 20
- UNIT 1 THE INTRODUCTION OF CONSUMER COOPERATIVE IN NIGERIA WITH THE NSCA IN 1940- REASONS FOR FAILURE OF EARLY SOCIETIESPage 23
- UNIT 2 THE CHOICE BETWEEN A “TOP- DOWNWARDS” AND “BOTTOM-UPWARD” ORGANISATION STRUCTUREPage 32
- UNIT 3 THE HISTORY AND STRENGTH OF CONSUMER COOPERATIVES IN NIGERIA TODAYPage 35
- UNIT 4 ORGANISATION STRUCTURE OF COOPERATIVE SOCIETIES IN NIGERIAPage 40
- UNIT 5 ORGANISATION AND MANAGEMENT OF CONSUMER COOPERATIVESPage 45
- UNIT 1 SELLING, FINANCING, PRICING AND SALESMANSHIPPage 51
- UNIT 2 BOOK-KEEPING IN A CONSUMER COOPERATIVESPage 56
- UNIT 3: DISTRIBUTION OF SURPLUSPage 64
- UNIT 4 GENERAL MEETINGS: COMMITTEE MEETINGS, FUNCTIONS OF THE GENERAL MANAGERPage 68
- UNIT 5 DUTIES OF SECONDARY AND APEX CONSUMER SOCIETIES-CASE STUDY GUIDES TO CASE STUDY FOR EXAMINATION PURPOSES AND CLASS DISCUSSIONSPage 77
One paragraph, so you can see how it reads
CRD301 · UNIT 1 THE HISTORY OF THE BRITISH CONSUMER COOPERATIVE MOVEMENT
This chapter traced the historical evolution of the British consumer cooperative movement beginning from the Owenites and up till the time of Rochdale pioneers in 1844. It also discusses the general areas of focus of the early cooperative movements and the rules and regulations which guided the early cooperative movement.
What you should be able to do
- Explain the history and principles of consumer cooperatives.
- Analyze different market structures and their impact on cooperatives.
- Describe the structure and management of consumer cooperatives in Nigeria.
- Apply financial management principles to cooperative businesses.
- Evaluate the role of cooperatives in economic development.
- Analyze case studies of cooperative societies and propose solutions to challenges.
What it prepares you for
- Cooperative Manager
- Community Development Officer
- Agricultural Extension Officer
- Small Business Advisor
- Non-profit Administrator
- Agriculture
- Retail
- Finance
- Community Development
- Non-profit Organizations
Where it gets hard
The units students slow down on, and what makes each one heavy.
- Module 1:
Unit 3: The Concept of Competitive and Monopolistic Market Structure
Requires understanding of complex market dynamics and firm behavior in different competitive environments.
- Module 2:
Unit 1: The Introduction of Consumer Cooperative in Nigeria with the NSCA in 1940- Reasons for Failure of Early Societies
Requires understanding of the historical context and socio-economic factors influencing cooperative development in Nigeria.
- Module 3:
Unit 2: Book-Keeping in a Consumer Cooperatives
Requires understanding of accounting principles and their application in a cooperative business context.
A suggested way through it
13 weeks, about 30 hours in total. Yours will differ.
- Week 1Module 1:
Unit 1: The History of the British Consumer Cooperative Movement · 2 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 hours
Explain the structure of consumer cooperatives in Nigeria.. Discuss the problems faced by these cooperatives.. Analyze the pyramid structure of cooperative movements..
- Week 2Module 1:
Unit 3: The Concept of Competitive and Monopolistic Market Structure · 2 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 hours
Explain capitalism and its criticisms.. Identify similarities and differences between cooperative societies and capitalism.. Discuss social criticisms of a capitalist market..
- Week 3Module 1:
Unit 5: The Diseconomies of the Prevailing Distributive System · 2 hours
Explain the distributive system of cooperative marketing.. State distribution channels in cooperative organizations.. Describe the economic consequences of a poor distribution system..
- Week 4Module 2:
Unit 1: The Introduction of Consumer Cooperative in Nigeria with the NSCA in 1940- Reasons for Failure of Early Societies · 2 hours
Explain the history of consumer cooperative societies in Nigeria.. Identify types of cooperative societies in Nigeria.. Outline the problems of consumer cooperatives..
- Week 5Module 2:
Unit 2: The Choice Between a "Top- Downwards" and "Bottom-Upward" Organisation Structure · 2 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 6Module 2:
Unit 3: The History and Strength of Consumer Cooperatives in Nigeria Today · 2 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 7Module 2:
Unit 4: Organisation Structure of Cooperative Societies in Nigeria · 2 hours
Explain what an organization structure means.. Describe the various types of categorizations.. Analyze the consumer and producer approaches..
- Week 8Module 2:
Unit 5: Organisation and Management of Consumer Cooperatives · 2 hours
Explain the nature of cooperative societies.. Discuss the management of cooperatives.. List elements of cooperative management..
- Week 9Module 3:
Unit 1: Selling, Financing, Pricing and Salesmanship · 2 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 10Module 3:
Unit 2: Book-Keeping in a Consumer Cooperatives · 2 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 11Module 3:
Unit 3: Distribution of Surplus · 2 hours
Explain how surpluses are created.. Explain different ways of distributing surpluses.. Discuss legal backing for the distribution of surpluses..
- Week 12Module 3:
Unit 4: General Meetings: Committee Meetings, Functions of the General Manager · 2 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 13Module 3:
Unit 5: Duties of Secondary and Apex Consumer Societies- Case Study Guides to Case Study for Examination Purposes and Class Discussions · 2 hours
Explain what case study is all about.. Analyze the case study provided.. Propose solutions to the problems identified in the case study..
Preparing for the exam
- Review the history of cooperative movements, focusing on key figures and events.
- Create concept maps linking market structure types to cooperative strategies.
- Practice financial statement analysis for cooperative businesses.
- Study case studies and identify common challenges and solutions.
- Focus on the legal and regulatory framework governing cooperatives in Nigeria.
Questions students ask about this course
What is CRD301 about?
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.
How many units does CRD301 have?
CRD301, Consumer Cooperatives, has 15 units across 3 modules, over 85 pages of course material. You can read it one unit at a time.
How many credit units is CRD301?
CRD301 carries 2 credit units, at 300 level in Agricultural Sciences.
Is CRD301 hard?
CRD301 is rated intermediate level, with basic mathematical content. It is mostly theoretical and case study work.
How long does CRD301 take to study?
About 52 hours of study, spread across its 15 units.
How is CRD301 assessed?
CRD301 is assessed by assignments, tutor marked assessments and final examination.
What can I do with CRD301?
Cooperative Manager, Community Development Officer, Agricultural Extension Officer, Small Business Advisor and Non profit Administrator.