Answer (1 of 5): In the most basic sense, a cooperative is an organization that provides a service to a community through the assistance of that community and members supporting the organization.Want to read a free 200 word summary? Register or LoginDefinition: As the name suggests, cooperative society refers to that type of business organization, wherein people work together, for a common goal, i.e. A cooperative society may also be defined as a business owned and controlled equally by the. Definition A cooperative is defined as an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise. PRESENTED BY:- INDU BHUSHAN PRASAD(52) 2.
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