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TITLE PAGE
PROBLEMS FACED BY CO-OPERATIVE MANAGEMENT AND THE STRATEGIES FOR OVERCOMING THESE PROBLEMS (A CASE STUDY OF IHIALA LOCAL GOVERNMENT AREA, ANAMBRA STATE)
BY
---
---/H2013/01430
DEPARTMENT OF ----
SCHOOL OF ---
INSTITUTE OF ---
DECEMBER,2018
APPROVAL PAGE
This is to certify that the research work, "problems faced by co-operative management and the strategies for overcoming these problems" by ---, Reg. No. ---/H2007/01430 submitted in partial fulfillment of the requirement award of a Higher National Diploma on --- has been approved.
By
--- . ---
Supervisor Head of Department.
Signature………………. Signature……………….
……………………………….
---
External Invigilator
DEDICATION
This project is dedicated to Almighty God for his protection, kindness, strength over my life throughout the period and also to my --- for his financial support and moral care towards me.Also to my mentor --- for her academic advice she often gives to me. May Almighty God shield them from the peril of this world and bless their entire endeavour Amen.
ACKNOWLEDGEMENT
The successful completion of this project work could not have been a reality without the encouragement of my --- and other people. My immensely appreciation goes to my humble and able supervisor mr. --- for his kindness in supervising this project.
My warmest gratitude goes to my parents for their moral, spiritual and financial support throughout my study in this institution.
My appreciation goes to some of my lecturers among whom are Mr. ---, and Dr. ---. I also recognize the support of some of the staff of --- among whom are: The General Manager, Deputy General manager, the internal Auditor Mr. --- and the ---. Finally, my appreciation goes to my elder sister ---, my lovely friends mercy ---, ---, --- and many others who were quite helpful.
PROJECT DESCRIPTION: This work "problems faced by co-operative management and the strategies for overcoming these problems" research material is a complete and well researched project material strictly for academic purposes, which has been approved by different Lecturers from different higher institutions. We made Preliminary pages, Abstract and Chapter one of "problems faced by co-operative management and the strategies for overcoming these problems" visible for everyone, then the complete material on "problems faced by co-operative management and the strategies for overcoming these problems" is to be ordered for. Happy viewing!!!
The study was conducted to examine the survey of the problems faced by Co-operative management in Ihiala LGA, Anambra Metropolis.
In pursuance of this investigation, this research work covers five chapters: chapter one deals with introduction, background of the study, statement of the problem, purpose of the study, significance of the study, delimitation of the study, research questions, assumption and definition terms.
Chapter two examines the past related literature to the topic of the project and relates them to the study on hand to show that the process adopted in this study is right.
Chapter three deals with the design of the study and the methodology of the data analysis.
Chapter four deals with data presentation analysis and how the research was find.
Chapter five covers the summary of the findings, recommendation and conclusion of the research based on the out work.
TABLE OF CONTENTS
TITLE PAGE I
APPROVAL PAGE II
DEDICATION III
ACKNOWLEDGEMENT IV
ABSTRACT V
TABLE OF CONTENT VI
CHAPTER ONE
INTRODUCTION
- BACKGROUND OF THE STUDY
- STATEMENT OF THE PROBLEM
- PURPOSE OF THE STUDY
- SIGNIFICANCE OF THE STUDY
- DELIMITATION OF THE STUDY
- RESEARCH QUESTIONS
- ASSUMPTION OF THE STUDY
CHAPTER TWO
REVIEW OF RELATED LITERATURE
- DEFINITION OF FACTORS
- GOVERNMENT INTERFERENCE IN THE MANAGEMENT OF THE INDUSTRIES/CO-OPERATIVE
- DYSFUNCTIONAL WORTH ETHOS
- ORGANIZATIONAL INDUSTRIES PROBLEM
- THE SPIRIT OF CO-OPERATIVE EXPERTISE
- HISTORICAL BACKGROUND OF COOPERATIVE SOCIETY IN NIGERIA
- STRUCTURE AND SIGNIFICANCE OF COOPERATIVES
- TYPES OF COOPERATIVES
- CAUSES OF SLOW PROGRESS
- SUMMARY.
CHAPTER THREE
METHODOLOGY
- POPULATION OF THE STUDY
- SAMPLE SIZE
- SAMPLING TECHNIQUES
- SOURCES OF THE DATA
- INSTRUMENTS FOR DATA COLLECTION
- METHOD OF DATA ANALYSIS
- VALIDATION OF RESEARCH INSTRUMENT
- AREA OF THE STUDY
CHAPTER FOUR
4.0 RESULT ANALYSIS
- DATA PRESENTATION AND ANALYSIS
CHAPTER FIVE
SUMMARY OF FINDINGS, RECOMMENDATIONS AND CONCLUSION
- SUMMARY OF FINDINGS
- RECOMMENDATION
- CONCLUSION
- REFERENCES
CHAPTER ONE
1.0 INTRODUCTION
- BACKGROUND OF THE STUDY
Modern Co-operatives blossomed out of the need to provide economic salvation to common men who were economically exploited during the heat days of the industrial revolution. This view was strongly supported by Okonkwo (1989) who describes the co-operative movement as an invention of necessity, originated from the evils of the industrial revolution from the device adopted by the suffering working classes of the industrial revolution to alleviate their private condition.
In Nigeria the general term co-operatives existed before the accent of modern co-operatives which have high degree of potency for economic salvation. The form of cooperative which is as traditional as it is reciprocal in operation has the precious intent of solving an existential economic problem of the members who have voluntarily agreed to work together for their welfare.
Onuoha (1998) noticed that in the wildest sense of the world, cooperative means of people working together to achieve a common purpose. As such if it is an old man and that cooperative is the outward expression of the instinctive spirit of human solidarity and brotherhood present in every human being.
Frankly, the agitation for modern and scientific co-operation in the most economic sense as we conceive it today was said to started in England within the first part of the nineteenth century. Within the period that could be tagged the embryonic stage of modern cooperative, very serious struggle by pioneer cooperators lasted woefully. However, Onuoha (1998) observed that Rochdale society of equitable pioneers was the first successful cooperative that was established in 1844. He further observed that the society was registered under the friendly societies Act on October 28, 1844 but the shop did not open for business until December 21, 1844.
In Anambra State metropolis, very variable co-operative bank – the co-operative bank of Eastern Nigeria was established to render financial services to its members and the general public. The bank collapsed after it wide growth but one could not determine the cause of the collapse or whether the cause is synonymous to the failure of early co-operative movement.
Similarly, other promising co-operative societies in Ihiala LGA in Anambra State died surprisingly even at a time the widespread is massively expected. The cause of the gradual extinction of cooperatives worried the researcher hence the very good rational for this study. Traditionally, it is known that poor vendors mal-administration and lack of observance of cooperative principles and ideals may have the proper functions of co-operatives.
It is also not known whether the cause of the failure is similar to the cause of failure of manufactures industries as out hired by Donnel (1994).
- Finance and lack of money to run the business.
- Location, if not situated in a strategic area.
- Effect of armed robbers to a growing industries.
- Discontinuities in policies and practices.
- Government interference in the management of the industries.
In the most interest of truth and good judgment, the above obstacles process the strongest efficiency to pull down the growth mining of any good business.
In this project effort were directed at investigating all those factors that could
1.2 STATEMENT OF PROBLEM
The international co-operative Alliance define cooperative as “an autonomous association of persons limited voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically controlled enterprise.
Co-operative societies have not been a Volant introduction in the business sector in Nigeria economy, but to the help rendered by government.
What could be the reason of its failure in Nigeria? Could it be lack of spirit of cooperative expertise or lack of autonomous?
1.3 PURPOSE OF THE STUDY
The purpose of the study is to:
- Determine problems encountered by co-operative societies in Ihiala LGA in Anambra State.
- Find out the causes of the problems.
- Find out the nature of the problems.
- Determine whether those problems caused the collapse of cooperative societies in Ihiala LGA in Anambra State.
- Make recommendation on how to present – collapse or co-operative societies in Ihiala LGA in Anambra State.
- 4 SIGNIFICANCE OF THE STUDY
The study of the problems faced by cooperative management in this part of the country are dying fast. Regrettably, the efforts of educational institution that hiring co-operatives technicalities and functions have not improved the situation either.
However, it is expected that the result of the findings in this work shall be usefully to the few surviving cooperatives in Ihiala LGA in Anambra State in how to run co-operative societies effectively and efficiently. The result of the findings of this research shall also be useful to various educational institutions offering co-operative experts on proper management and running of cooperatives.
Finally, this research result shall be useful to government in making good policies concerning the administration of cooperative in Ihiala LGA in Anambra State. All cooperative in Ihiala LGA in Anambra State shall find this work very hardy in guarding against certain obstacles that might improve on the success of their cooperative societies.
- 5 DELIMITATION OF THE STUDY
This research work determined only the problem affecting the growth of cooperative societies in Ihiala LGA in Anambra State.
- 6 RESEARCH QUESTIONS.
- Do co-operative societies in Ihiala LGA encounter problem?
- What are problems encountered by cooperative societies?
- Do cooperatives societies employ trained workers?
- What are the causes of failure of cooperative societies?
- What could be done to prevent the features once?
- 7 ASSUMPTION OF THE STUDY
This research work concentrated on the finding out problems faced by co-operative management and strategies for overcoming these problems in Ihiala LGA in Anambra State. Observed, many cooperative societies in in Ihiala LGA are no longer functioning, it is assumed that mal-administration and lack of interest of the members in the affairs of the operatives could be responsible for their collapse. It is also assumed that if cooperatives rest of the members shall be maximally protected.
The protection of the membership interest through efficient service shall equally result to the success of the cooperative societies especially where the cooperative principles and the idea are maintained. Holy cake in Onuoha (1998) outlined Rochdale principles of cooperatives thus:
- Open membership.
- Democratic control.
- Limited interest on capital.
- Patronage refund.
- Cash trading at marketing price.
- Sales of pure and unadulterated goods.
- Political and religious Neutrality.
- Continuous Education of members.
- 8 LIMITATION OF THE STUDY
The main limitation of this study is the unwillingness of some respondents and inability to reach all members of the sample that received the questionnaire on the process of oral-interview to disclose certain information on the factors that lead to the failure of cooperatives in Ihiala LGA in Anambra State. And explained purely in the manner in which they were used in this report/
There is also the mobility to have access to any relevant records of the problems that leads to the failure of cooperatives in in Ihiala LGA in Anambra State and in other to carry on a meaningful research due to lack of finance.
Again there is inability of the researcher to make use of certain and more appropriate data during his study, due to his limited knowledge, he could not obtain such instruments. The attitude of the respondent towards the researcher was another part where the researcher encountered difficulty due to low educational level of the people studied.
CHAPTER TWO
2.0 REVIEW OF RELATED LITERATURE
Over the decades, scholars have studies extensively into the concept of certain industries. Some studies causes of failure while others specially went into the study of government interference in the business of industries and the effect on the employees. A few studies were conducted also as to the causes of failure of cooperative management. All these studies were carried out from different point of views, but they all arrived at conclusion that business fails for some reasons…
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