(a) (i) Define distribution of goods. (ii) Illustrate the normal chain of distribution of goods. (b) Describe a consumers? cooperative society. (c) Outline ...
(a) (i) Define distribution of goods. (ii) Illustrate the normal chain of distribution of goods.
(b) Describe a consumers? cooperative society.
(c) Outline any four roles performed by a consumers? cooperative society
(a) (i) The distribution of goods refers to the process of getting finished products from manufacturers to consumers through intermediaries, such as wholesalers, retailers, and agents.
(ii) The normal chain of distribution of goods starts from manufacturers who produce goods, then sells them to wholesalers who purchase goods in bulk and sell them to retailers. Finally, retailers sell goods directly to consumers.
(b) A consumers' cooperative society is a type of cooperative organization formed by consumers to protect their common interests in purchasing goods and services. Members of a consumers' cooperative society pool their resources to buy products directly from manufacturers, wholesalers or importers at a lower price than retail outlets, and then distribute these products to members at a reasonable cost. The primary goal of a consumers' cooperative society is to provide quality products and services to members at an affordable price.
(c) Four roles performed by a consumers' cooperative society are:
Purchasing products and services: The consumers' cooperative society purchases products and services on behalf of its members, ensuring that they get quality products at a lower cost.
Selling products and services: The society sells products and services to its members at a reasonable price, ensuring that members get value for their money.
Education and training: The society provides education and training to its members on consumer protection, product quality, and safe use of products.
Advocacy and lobbying: The society advocates for the rights of consumers and lobbies government and other stakeholders to protect the interests of consumers.
(a) (i) The distribution of goods refers to the process of getting finished products from manufacturers to consumers through intermediaries, such as wholesalers, retailers, and agents.
(ii) The normal chain of distribution of goods starts from manufacturers who produce goods, then sells them to wholesalers who purchase goods in bulk and sell them to retailers. Finally, retailers sell goods directly to consumers.
(b) A consumers' cooperative society is a type of cooperative organization formed by consumers to protect their common interests in purchasing goods and services. Members of a consumers' cooperative society pool their resources to buy products directly from manufacturers, wholesalers or importers at a lower price than retail outlets, and then distribute these products to members at a reasonable cost. The primary goal of a consumers' cooperative society is to provide quality products and services to members at an affordable price.
(c) Four roles performed by a consumers' cooperative society are:
Purchasing products and services: The consumers' cooperative society purchases products and services on behalf of its members, ensuring that they get quality products at a lower cost.
Selling products and services: The society sells products and services to its members at a reasonable price, ensuring that members get value for their money.
Education and training: The society provides education and training to its members on consumer protection, product quality, and safe use of products.
Advocacy and lobbying: The society advocates for the rights of consumers and lobbies government and other stakeholders to protect the interests of consumers.