An appraisal of the activities and management methods

Project Abstract

<p> </p><p>This project research was aimed to examine the management and activities of the Anammco worker’s multipurpose co-operative society limited, which is located in Emene, Enugu state.</p><p>The study is aimed at looking into the aims and objectives of the society, origin and membership, social and business activities; sources of finance of the society; financial benefits to members, assets and liabilities of the society and problems facing the society.</p><p>The information gathered from this study was both from primary and secondary sources.</p><p>In selecting respondents, the stratified random sampling method was used. &nbsp;the respondents were the official and members of &nbsp;Anammco worker’s multi-purpose co-operative society limited.</p><p>Questionnaires and oral interviews were used to obtain the required response from the respondents. &nbsp;The data gathered were systematically analyzed, the present management and activities of the Anammco worker’s co-operative society was revealed through the data analysis.</p><p>The finding revealed that officers who are democratically elected annually manage the society.</p><p>The business activities of the society include granting loans to her members at a reasonable rate, selling of good quality products at the society’s consumer’s shop.</p><p>The social activities in which the society is engaged includes giving her members some form of bonuses or gifts especially during festival seasons; providing help to her members during marriages, funerals, naming ceremonies, accommodation, medical expenses, etc.</p><p>The major sources &nbsp;of finance for the society includes thrift savings, interests from loans granted to members, levies paid by members and also from the mother company, i.e, the Anambra Motoring Company (ANAMMCO).</p><p>It was also noted that the society kept some books and records of which include committee General minutes book, member’s register, cash book, personal ledger and attendance register. &nbsp;Also the study revealed that the society is faced with some problems such as macro and micro factors (effects) effecting the economy, poor government support, etc.</p><p>The study made the following recommendations of which includes constant education of both the management and members of the society, establishing a properly equipped consumers shop, the need of more co-operative field officers, electing honest loyal officers, constant evaluation of the society’s aims and objectives. &nbsp;These and many more will help to add life as well as activate the management and activities of the ANAMMCO worker’s co-operative society limited.</p> <br><p></p>

Project Overview