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This local ownership provides consistency for planning, facility operations and assists with product quality and refinement. The vertical integration established with a cooperative organisation allows farmers to retain ownership of their commodities beyond the farm and therefore contribute to the value added process.
The existing weaknesses for Land O'Lakes, that stand out are the inherent weaknesses that come with the cooperative organisation. For example, originators of the business venture may want more control and more reward for their efforts in developing the concept and the business. Additionally members and directors may not have the required expertise in running the processing business or finding and distributing the finished product to the market...
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Common topics in this essay:
- Cooperative Strategy
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- The cooperative bank
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- National Cranberry Cooperative
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