Question

A key role of an Industrial Co-operative Society in a developing economy is to empower:

• A. Large-scale multinational corporations
• B. Small-scale and tiny industrial units, especially those in rural areas
• C. Government-owned public sector undertakings
• D. Foreign direct investment projects

Answer 1

Answer:

B. Small-scale and tiny industrial units, especially those in rural areas

• They provide the collective strength needed by small, dispersed units to face competition from large enterprises.