Producer Cooperative
- Management Sciences
- 300 level
- 2 credit units
- 107 pages
- 15 units
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.
About this course
- Difficulty
- Intermediate
- Study hours
- 208 hours
- Maths
- Basic
- Content
- Theoretical, case study
- Practical work
- Yes
- Assignments
- Tutor marked assignments
- Final examination
What you'll read
The real module and unit structure of CRD307, taken from the course material NOUN publishes.
- UNIT 1 NATURE OF PRODUCERS COOPERATIVEPage 1
- UNIT 2: DEFINITION OF MANAGEMENT AND FUNDAMENTALS OF COOPERATIVE MANAGEMENTPage 7
- UNIT 3 STRUCTURE OF MANAGEMENT AND MANAGEMENT COMMITTEE (MANAGER)Page 18
- UNIT 4 OBJECTIVES OF MANAGEMENT OF PRODUCES COOPERATIVEPage 22
- UNIT 5 PRODUCERS COOPERATIVE AND PRODUCTION PLANPage 26
One paragraph, so you can see how it reads
CRD307 · UNIT 1 NATURE OF PRODUCERS COOPERATIVE
Free Geek, a cooperative non-profit which recycles old computer parts and e-waste for re-usage in refurbished new computers which are sold preinstalled with free and open source software.
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.
- Describe the process of product inspection.
- Identify and discuss the development of producers cooperative in Nigeria.
What it prepares you for
- Cooperative Manager
- Production Planner
- Business Development Officer
- Community Development Officer
- Entrepreneur
- Agriculture
- Manufacturing
- Retail
- Community Development
- Government
Where it gets hard
The units students slow down on, and what makes each one heavy.
- Module 2:
Unit 4: Accounts as Instrument of Management
Requires understanding of accounting principles and financial statement analysis, which may be challenging for students without a background in accounting.
- Module 3:
Unit 1: Statistics and Management, Appraisal and Planning
Requires understanding of statistical methods and data analysis techniques, which may be challenging for students without a background in statistics.
A suggested way through it
13 weeks, about 30 hours in total. Yours will differ.
- Week 1Module 1:
Unit 1: Nature of Producers Cooperative · 2 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 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 2Module 1:
Unit 3: Structure of Management and Management Committee (Manager) · 2 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 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 3Module 1:
Unit 5: Producers Cooperative Production Plan · 2 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 4Module 2:
Unit 1: Procurement and Movement of Material · 2 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 5Module 2:
Unit 2: Inspection of Products · 2 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 6Module 2:
Unit 3: Managing Transportation · 2 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 7Module 2:
Unit 4: Accounts as Instrument of Management · 2 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 8Module 2:
Unit 5: Cost Accounting for Management Decision · 2 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 9Module 3:
Unit 1: Statistics and Management, Appraisal and Planning · 2 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 10Module 3:
Unit 2: Staff Management and Team Work · 2 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 11Module 3:
Unit 3: Relations of Staff and Cooperative Members · 2 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 12Module 3:
Unit 4: External Relations · 2 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 13Module 3:
Unit 5: Management Controls · 2 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..
Preparing for the exam
- Review all units, focusing on key concepts and definitions.
- Practice applying cooperative principles to real-world scenarios.
- Study examples of production plans and financial statements.
- Understand the roles and responsibilities of cooperative managers.
- Familiarize yourself with the challenges facing producers cooperatives in Nigeria.
Questions students ask about this course
What is CRD307 about?
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.
How many units does CRD307 have?
CRD307, Producer Cooperative, has 15 units across 3 modules, over 107 pages of course material. You can read it one unit at a time.
How many credit units is CRD307?
CRD307 carries 2 credit units, at 300 level in Management Sciences.
Is CRD307 hard?
CRD307 is rated intermediate level, with basic mathematical content. It is mostly theoretical and case study work, and it has a practical component.
How long does CRD307 take to study?
About 208 hours of study, spread across its 15 units.
How is CRD307 assessed?
CRD307 is assessed by assignments, tutor marked assignments and final examination.
What can I do with CRD307?
Cooperative Manager, Production Planner, Business Development Officer, Community Development Officer and Entrepreneur.