CBSE · Class 11 · Business Studies · Forms of Business OrganisationsCooperative societies are formed with the primary objective of:
Step-by-Step Solution
The primary objective of a cooperative society is mutual help and service to its members, rather than earning maximum profit.
Detailed Options Breakdown
Option : Profit maximization
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Forms of Business Organisations.
Option 1: Service and mutual help (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Option 2: Government control
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Forms of Business Organisations.
Option 3: Monopoly creation
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Forms of Business Organisations.
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