Technical Report
 

Ten Lessons in Marketing--Lesson IX : Methods of business organizations: the cooperative association

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https://ir.library.oregonstate.edu/concern/technical_reports/bc386j324

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  • Reprinted January 1940. Facts and recommendations in this publication may no longer be valid. Please look for up-to-date information in the OSU Extension Catalog: http://extension.oregonstate.edu/catalog
  • In Lesson VII we saw that all industry and business require money or capital in order to go on. Each of the marketing agencies studied in Lesson VIII must have a certain amount of money or capital to do business. Bankers do not care to lend money to any agency which does not have some capital of its own as a guarantee of the safety of the loan. The amount of capital required varies greatly according to the kind of business. This difference in the amount of capital needed is one of the reasons why agencies for marketing may be organized on several different plans. We shall study briefly the four principal forms of organizations to do business.
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