Month: October 2021

AMALGAMATION AND DIVISION OF CO-OPERATIVE SOCIETIES Amalgamation of co-operative societies Any two or more co-operative societies (hereinafter referred to as amalgamating societies) may, by special resolution (in this section referred to as the preliminary resolution), resolve to amalgamate as a Read More …

MANAGEMENT OF CO-OPERATIVE SOCIETIES General meetings The supreme authority of a co-operative society shall be vested in the general meeting at which members shall have the right to attend, participate and vote on all matters. Subject to subsection  a co-operative Read More …

DUTIES OF CO-OPERATIVE SOCIETIES Registered address of co-operative society Every co-operative society shall have a registered address to which notices and communications may be sent and shall send to the Commissioner notice of every change of address within one month Read More …

PRIVILEGES OF A REGISTERED SOCIETY Co-operative society to be body corporate Upon registration, every society shall become a body corporate by the name under which it is registered, with perpetual succession and a common seal, and with power to hold Read More …

CO-OPERATIVE SOCIETIES ACT – OFFICERS Commissioner and other officers  There shall be a Commissioner for Co-operative Development whose office shall be an office in the public service. There shall be such number of officers, including Deputy Commissioners, as may be Read More …

Business Value of Enterprise Systems Increases operational efficiency by providing organizational-wide information to help managers make better decisions. Facilitates Standardizations and Coordination of important business processes Helps firms respond rapidly to customers requests for information or products Producing, procuring, shipping Read More …

Enterprise Information Systems Definition Firm-wide information systems that integrate key business processes within the firm or business processes shared by multiple firms. Enterprise systems features a set of integrated software modules and a central database that enables data to be Read More …

Levels of Management Information Systems The MIS is constructed to serve the various levels and aspects of management activities such that each level of the MIS has a different emphasis Desired Systems Attributes Decision Oriented: the system should produce out Read More …

Information Systems in the Enterprise Levels of Management Information systems serve the following three levels of management 1. Top Level of Management It consists of board of directors, chief executive or managing director. The top management is the ultimate source Read More …

Financial institutions perform the essential function of channeling funds from those with surplus funds to those with shortages of funds. Financial institutions provide a variety of services to sectors of the economy. Failure to provide these services or a breakdown Read More …