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Lastly, the business model refers to the size of the cooperative, composition of its members, and method of interaction with other organizations. There are six models: Local Group of Citizens, Regional-National RE co-ops, Fully Integrated RE co-ops, Network of RE co-ops, Multi-Stakeholder Governance Model, and Non-Energy-Focused Organizations. [1]
In some co-operative economics literature, the aim is the achievement of a co-operative commonwealth, a society based on cooperative and socialist principles. Co-operative economists – federalist, individualist, and otherwise – have presented the extension of their economic model to its natural limits as a goal.
Cooperative strategy also offers access to new and wider market to companies and the possibility of learning through cooperation. Cooperative strategy has been recently applied by companies that want to open their markets and have a liberalist vision of negotiation through cooperation .
"Developing their co-operative, possibly by setting up reserves, part of which at least would be indivisible;" in other words, the surplus can be reinvested in the co-operative. "Benefiting members in proportion to their transactions with the co-operative;" for example, a consumers' co-operative may decide to pay dividends based on purchases ...
Articles relating to business models, the rationale of how an organization creates, delivers, and captures value, [1] in economic, social, cultural or other contexts. The process of business model construction and modification is also called business model innovation and forms a part of business strategy. [2
At the outset, the Pioneers had a clear set of objects, as set out in "Law the First" of its rules: The objects and plans of the Society are to form arrangements for the pecuniary benefit, and improvement of the social and domestic condition of its members, by raising a sufficient amount of capital in shares of £1 each, to bring into operation the following plans and arrangements: