Parukhadkaidn
Answered

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Write down the differences between cooperative business and personal business.​

Sagot :

Blackshadesidn
Answer:

Personal Business:
■ Controlled & lead by a single person.
■ Main motive is to earn profit.
■ Needs a share capital.
■ There's no equal distribution of power.

Cooperative Business:
■ Controlled & lead by everyone equally.
■ Main motive is to distribute profit to everyone & have equal lifestyle & livelihood.
■ Doesn't need a share capital.
■ There's equal distribution of power among everyone.


Hope it helps ⚜


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