A . institution is a voluntary association of independent economic units, organized, capitalized and run by, and for its members, providing and/or marketing goods and services on cost-to-cost basis to their members.

A . institution is a voluntary association of independent econ

1.	A . institution is a voluntary association of independent economic units, organized, capitalized and run by, and for its members, providing and/or marketing goods and services on cost-to-cost basis to their members.
A.	cooperative
B.	private
C.	public
D.	all of these
Answer» B. private

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A . institution is a voluntary association of independent economic units, organized, capitalized and run by, and for its members, providing and/or marketing goods and services on cost-to-cost basis to their members.
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A .society is a union of weak and needy individuals who have equal rights and has one vote irrespective of the number of shares held by him.
..helps a manager shape the future of the organization rather than being caught in an endless trap of reacting only to current crises or problems.
is concerned with determining the specific activities needed to accomplish the planned objectives and goals.
..is concerned with assigning the activities to specific positions and people; and providing means for coordinating the efforts of individuals and groups.
Organizing is a bridge connecting the planned objectives to specific projects for accomplishing these objectives.

A . institution is a voluntary association of independent economic units, organized, capitalized and run by, and for its members, providing and/or marketing goods and services on cost-to-cost basis to their members.

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