Explorative Research on Enhancing the Performance of Minipe Multipurpose Cooperative Society, Sri Lanka

Abstract

This research embarks on an exploration of the factors influencing the low performance of the Minipe Multipurpose Cooperative Society, seeking to identify and analyze the underlying issues that have hindered its success. Cooperative societies play a vital role in community development, and understanding the challenges faced by Minipe Multipurpose Cooperative Society can contribute to informed interventions aimed at revitalizing its operations. Employing an explorative research methodology, this study combines qualitative and quantitative techniques to delve into the multifaceted aspects of the cooperative's performance. Through surveys, face-to-face interviews, and document analysis observation methods, this research aims to uncover key factors such as internal management practices, external economic influences, member engagement, and market dynamics that may contribute to the observed low performance. The research findings are anticipated to provide valuable insights into the specific challenges faced by the Minipe Multipurpose Cooperative Society, offering a nuanced understanding of its operational environment. By identifying the root causes of its low performance, this study aims to inform strategic interventions and policy recommendations that can assist the cooperative society in overcoming obstacles and achieving sustainable growth. This research contributes to the broader knowledge base on the challenges faced by cooperative societies, offering practical implications for practitioners, policymakers, and stakeholders involved in the cooperative sector.