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 Form 2 Business Studies: Forms of business units lessons

Disadvantages of co-operatives.

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Answer Text:
Disadvantages of co-operatives.
-Poor management due to low qualified staff.
-massive withdrawals by members especially in SACCOs due to competition from banks
-Political interference in the running of co-operatives.
-Slow decision making due to the fact that all members need to be consulted.
-Corruption from officials leading to mishandling of money.


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