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CRD307Management Sciences2 Unitsintermediate

Producer Cooperative

This course on Producers Cooperative (CRD 307) provides students with comprehensive knowledge of cooperative management, focusing on the unique aspects of producer cooperatives. It covers topics such as the nature of producers cooperatives, fundamentals of cooperative management, structure and objectives of management, production planning, procurement, material movement, product inspection, and transportation management. The course also explores accounting, cost accounting, statistics, teamwork, internal and external relations, and challenges in Nigeria.

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208h

Study Time

13

Weeks

16h

Per Week

basic

Math Level

Course Keywords

Producers CooperativeCooperative ManagementProduction PlanningTeamworkNigeria

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

Hands-on Practice

Course Topics

Key areas covered in this course

1

Nature of Producers Cooperative

2

Cooperative Management Fundamentals

3

Production Planning

4

Procurement and Material Movement

5

Product Inspection

6

Transportation Management

7

Accounting and Costing

8

Staff Management and Teamwork

9

External Relations

10

Management Controls

11

Challenges in Nigeria

Total Topics11 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 assignments

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

Production Planner

Apply your skills in this growing field

Business Development Officer

Apply your skills in this growing field

Community Development Officer

Apply your skills in this growing field

Entrepreneur

Apply your skills in this growing field

Industry Applications

Real-world sectors where you can apply your knowledge

AgricultureManufacturingRetailCommunity DevelopmentGovernment

Study Schedule Beta

A structured 13-week journey through the course content

Week

1

Module 1:

4h

Unit 1: Nature of Producers Cooperative

2 study hours

•Read the introduction to understand the nature and characteristics of producers cooperatives.
•Study the different areas of business that producers cooperatives engage in.
•Differentiate producers cooperatives from other types of cooperative organizations.
•Complete the self-assessment exercise to test your understanding.

Unit 2: Definition of Management and Fundamentals of Cooperative Management

2 study hours

•Define management and its application in cooperative organizations.
•Explore the fundamentals of cooperative management, including cooperative principles.
•Discuss the importance of bye-laws in the management of cooperative organizations.
•Complete the self-assessment exercise to test your understanding.

Week

2

Module 1:

4h

Unit 3: Structure of Management and Management Committee (Manager)

2 study hours

•Examine the structure of management in cooperative organizations based on the tier system.
•Understand how the size of the society influences the number of committees.
•Discuss the functions of the management committee and the qualities of a good manager.
•Complete the self-assessment exercise to test your understanding.

Unit 4: Objectives of Management of Producers Cooperative

2 study hours

•Identify the main objectives of producers cooperatives.
•State other objectives related to production, cost, and resource management.
•Simulate objectives for various types of producer cooperatives based on examples.
•Complete the self-assessment exercise to test your understanding.

Week

3

Module 1:

2h

Unit 5: Producers Cooperative Production Plan

2 study hours

•Understand the importance of production planning for steady output.
•Identify important items considered in the production plan, such as premises, machinery, and staff.
•Demonstrate the production plan process with examples.
•Complete the self-assessment exercise to test your understanding.

Week

4

Module 2:

2h

Unit 1: Procurement and Movement of Material

2 study hours

•Identify the types of materials needed for producers cooperative production.
•Discuss the manager's role in acquiring and moving materials.
•Understand the importance of minimizing costs in procurement and movement.
•Complete the self-assessment exercise to test your understanding.

Week

5

Module 2:

2h

Unit 2: Inspection of Products

2 study hours

•Identify the types of products that need inspection in producers cooperatives.
•Understand the reasons for inspecting raw materials and finished products.
•Learn about quality control measures and standards.
•Complete the self-assessment exercise to test your understanding.

Week

6

Module 2:

2h

Unit 3: Managing Transportation

2 study hours

•Identify the factors that influence the need for a transportation system.
•Know the types of transport available to producers cooperatives.
•Differentiate between internal and external transportation.
•Complete the self-assessment exercise to test your understanding.

Week

7

Module 2:

2h

Unit 4: Accounts as Instrument of Management

2 study hours

•Understand the importance of accounts as an instrument of management.
•Learn about the information contained in profit and loss accounts and balance sheets.
•Get familiar with the types of questions that accounts can answer for management.
•Complete the self-assessment exercise to test your understanding.

Week

8

Module 2:

2h

Unit 5: Cost Accounting for Management Decision

2 study hours

•Understand the usefulness of cost accounting in management decision-making.
•Learn how costing is carried out and the elements involved.
•Apply cost accounting principles to determine the profitability of different products.
•Complete the self-assessment exercise to test your understanding.

Week

9

Module 3:

2h

Unit 1: Statistics and Management, Appraisal and Planning

2 study hours

•Define statistics and its importance in management appraisal and planning.
•Identify the sources of statistical information, including primary and secondary data.
•Learn how to present statistical information effectively for management use.
•Complete the self-assessment exercise to test your understanding.

Week

10

Module 3:

2h

Unit 2: Staff Management and Team Work

2 study hours

•Understand the importance of staff management and teamwork in producers cooperatives.
•Learn how to foster teamwork through delegation, communication, and training.
•Recognize the role of the manager in establishing and sustaining teamwork.
•Complete the self-assessment exercise to test your understanding.

Week

11

Module 3:

2h

Unit 3: Relations of Staff and Cooperative Members

2 study hours

•Understand the importance of good relationships between staff and members in producers cooperatives.
•Discuss how the manager can improve relationships between non-member workers and member-employees.
•Learn how to motivate members for cordial relations.
•Complete the self-assessment exercise to test your understanding.

Week

12

Module 3:

2h

Unit 4: External Relations

2 study hours

•Understand the importance of external relations for producers cooperatives.
•Discuss the cooperative's relations with the general public and government officials.
•Learn how to maintain good external relations through transparency and communication.
•Complete the self-assessment exercise to test your understanding.

Week

13

Module 3:

2h

Unit 5: Management Controls

2 study hours

•Understand the various methods of management control in producers cooperatives.
•Learn about the objectives of management control and how to implement them.
•Explore methods of management control, such as budgeting, reporting, and personal visits.
•Complete the self-assessment exercise to test your understanding.

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 all units, focusing on key concepts and definitions.

2

Practice applying cooperative principles to real-world scenarios.

3

Study examples of production plans and financial statements.

4

Understand the roles and responsibilities of cooperative managers.

5

Familiarize yourself with the challenges facing producers cooperatives in Nigeria.

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