Background of the study
The cooperative movement in a programme designed to bring independent persons together for the betterment of their economic conditions cooperative in one form or the other, have been used for capturing economic of scale effective mobilization of labor combination of Agro Industrial development programmes with the aim of promoting a more egalitarian distribution of economic growth in all communities. Hence, the well known slogan “self help through mutual help” by cooperators.
However, cooperatives in Onitsha north are yet to make the desired impact on the communities, there is then the need for an effective management system that will help direct the activities of the cooperatives towards achieving their objectives, thereby endeavour to examine the extent to which poor management system retards the growth of the farmers cooperative societies in Onitsha north.
The viability of any cooperative society depends on the finance, educational competence and managerial skills of executives and cooperation of all the cooperatives. Therefore poor management have being the brain behind the low productivity and poor generation of revenue of some of the societies in Onitsha north local government area.
The importance of good management of farmers cooperative societies cannot be over emphasized, a good management capitalizes on the economic and social needs satisfaction of its members since when individual joins an organization, they often hope to achieve a personal goal but this cannot be possible without achieving organizational goals. Unfortunately, there is bifurcation i.e division of interest among members and executives. They lack effective management skill and most of them have never had the opportunity to attend seminars, workshop and symposium on management cooperatives societies.
Furthermore, farmers cooperatives society in Onitsha north lack good organizational structure. The principle of democracy in cooperative organization has rendered it playing toy and it has become perpetually unproductive as members with less investment in the cooperative often close their eyes to the risk of poor management strategies in a competitive economy like ours.
It is worthy to point that the researcher’s attempt to formulae strategies geared towards the successful implementation of the cooperative goals and objectives.
1.2 STATEMENT OF THE PROBLEM
The study is intended to investigate the major management problems and solutions of farmers cooperative societies in Onitsha north local government area of Anambra state.
It is interesting observed that cooperative societies have laudable objectives which they set for themselves but these objectives are never achieved because of the management problems facing them, such as inadequate funding by members, poor and ineffective management of the societies and not having enough members.
1.3 OBJECTIVE OF THE STUDY
The general objectives of this study is to scientifically and critically highlight managerial problems which affects the efficient functions of farmers cooperative society.
Specifically the objectives of the study includes
1.4 PURPOSE OF THE STUDY
The research work is mainly for academic purpose, the reliability of many cooperative societies and the liquidation of some of them suggests that something is wrong, perhaps with their management system.
Therefore, it is the objectives of the researcher to find out some of the causes of these problems and suggest ways to bring about a lasting improvement to farmers cooperative societies.
The researcher would look into the problems militating against the effective management of farmers cooperative societies in Onitsha north.
1.5 RESEARCH QUESTION
The following research question will be aimed at finding answer to this study.
1. Do unavailability of finance constitute a problem to the effective management of farmers cooperative society?
2. Do lack of committees in decision making constitute a problem of the effective management of farmers cooperative society?
3. Do lack of trained staff constitute a problem to the effective management of farmers cooperative society?
1.6 SIGNIFICANCE OF THE STUDY
This study is meant to aid cooperators gain more knowledge of what is expected of them for the success of the cooperative enterprise by:
1. Determine some of the basic management flaws that are encountered by farmers cooperative societies in Onitshan north local government area.
2. Determine the extent to which their problems constitute a hindrance to the efficiency of the societies.
3. Seeking avenues through which such problems can be minimized.
4. Finally based on the findings of the study, recommendations shows that the inefficiency of management should be rectified for the realization of the societies objectives.
This study also wants to ameliorate the bottleneck preventing farmers in cooperative from realizing the benefits of large scale production, marketing and credit facilities. Other benefits of the study includes:
1. The enlightenment of cooperators on the need to be properly committed to the cooperative movement. This will help to make cooperators understand what is expected of them in cooperation and how to cooperate for effectiveness.
2. It is envisaged that cooperative organizers will gain more insight on how to organize and manage the farmers cooperative societies more profitable after going through their report.
3. The government will come to see the need to have well trained cooperative leaders to champion the affairs of farmers cooperative societies. They will also be more willing to remove the administrative bottlenecks that militate loan disbursement to farmers cooperative societies. This will come about when the suggestion of this research is implemented.
Abstract
This study examines the Impact of Cashless Policy on the Performance of Nigeria Financial Institutions. This s...
ACCOUNTING FOR CULTURAL DIVERSITY IN INTERNATIONAL BUSINESS
ABSTRACT
The study aims to examine (1) the impact of cultural diver...
BACKGROUND OF THE STUDY
Malaria is a potentially fatal disease that is spread from person to per...
ABSTRACT:- The broad objective of this study is to examine the impact of twitter ban on security threats inf...
ABSTRACT
This study was carried out on the assessment of the effect of post covid-19 pandemic on tertia...
ABSTRACT: Strategies for Promoting Lifelong Learning Habits Among Vocational Educators are crucial for maintaining the relevance and quality o...
Background to the Study
The most widely used substance among teenagers is alcohol. It's a common toxin that may affe...
ABSTRACT
A study which lasted 70 days was conducted to determine the performance of Japanese quails (Coturnix coturnix japonica) fed diet...
ABSTRACT: The integration of Internet of Things (IoT) in vocational training for smart home systems is crucial for preparing the workforc...
Abstract: THE IMPACT OF REAL-TIME ANALYTICS ON BUSINESS OPERATIONS
This study aims to assess the...