This Module aims to bring a thorough understanding on cooperatives institutions in one hand and non profit organizations on the other hand. Every Manager should be aware of the legal environment in which his/her business or organization thrives and operates. This Module will introduce students to the legal environment for specific institutions which are cooperatives and other non profit based organizations, by discussing such topics as principles and characteristics of those organizations, financial statement of such institutions and their strategic organization.

This Module provides a clear understanding of the principles, characteristics and of course strategic organization and financing of those institutions.

The two units build a basic understanding of how these institutions are contributing to the today’s development of small and medium businesses which are most present in world economy. So this knowledge is relevant for knowing whether these organisations are complying with the law and are managed efficiently.