Distinguish between internal and external challenges before the co-operative sector, with examples of each.

Question

Accepted Answer

The challenges before the co-operative sector can be classified by their **source** into internal and external challenges.

| Basis | Internal Challenges | External Challenges |
|---|---|---|
| **Meaning** | Weaknesses arising from within the society itself | Difficulties arising from the environment in which the society operates |
| **Origin** | Caused by the society's own members, committee, staff and working | Caused by outside forces beyond the society's direct control |
| **Examples** | Political interference, lack of professional management, financial weakness (low capital, overdues), dormant members and lack of loyalty, corruption and mismanagement, poor loan recovery | Competition from private, multinational and public-sector firms; excessive government control (over-regulation); changing economic and market conditions |
| **Control** | Largely within the society's own power to correct (better management, member education, sound finance) | Partly beyond the society's control; must be faced by becoming efficient and competitive, and by seeking a fair regulatory balance | …

Q.Distinguish between internal and external challenges before the co-operative sector, with examples of each.

Concept understanding — Meaning and Nature of Challenges before the Co-operative Sector

Basis	Internal Challenges	External Challenges
Meaning	Weaknesses arising from within the society itself	Difficulties arising from the environment in which the society operates
Origin	Caused by the society's own members, committee, staff and working	Caused by outside forces beyond the society's direct control
Examples	Political interference, lack of professional management, financial weakness (low capital, overdues), dormant members and lack of loyalty, corruption and mismanagement, poor loan recovery	Competition from private, multinational and public-sector firms; excessive government control (over-regulation); changing economic and market conditions
Control	Largely within the society's own power to correct (better management, member education, sound finance)	Partly beyond the society's control; must be faced by becoming efficient and competitive, and by seeking a fair regulatory balance

Q.Distinguish between internal and external challenges before the co-operative sector, with examples of each.

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