Question 161999EconomicsJAMB
The major problem of cooperative Societies in Nigeria is that
A
they often lack cohesion and continuity
B
their liability is unlimited to members
C
voting is by proxy
D
their management style is poor
Step-by-Step Explanation
Cooperative societies in Nigeria often struggle with ineffective management styles, which can lead to poor decision-making and a lack of direction. This mismanagement can result in conflicts among members and hinder the overall growth and sustainability of the cooperative. Effective leadership and management practices are crucial for the success and cohesion of these organizations.