Effect of Cooperative Membership on Needs Satisfaction among Staff of Tertiary Institutions in Anambra State, Nigeria
Journal Title: International Journal of Trend in Scientific Research and Development - Year 2021, Vol 5, Issue 5
Abstract
With the growing recognition of cooperatives as a vibrant and viable economic alternative to alleviate hardship, it does appear that members’ needs satisfaction is yet to be met. This study, therefore, examined the effect of cooperative membership on needs satisfaction among staff of tertiary institutions in Anambra State, Nigeria. The population of study and sample size which was generated using the Taro Yamane formula was 6,647 and 377 cooperative members respectively. A multi stage sampling technique was used in selecting study participants. Data were sourced from a primary source. The generated data were presented and analyzed using descriptive statistics. The study hypothesis was tested using regression analysis. The findings revealed that 93 of the variation in physical needs of members is caused by the length of cooperative membership and frequency of cooperative patronage at a 5 level of significance. This study concluded that the length of cooperative membership and frequency of patronage enhances the actualization of the physical needs of members. Therefore, it was recommended among others that the cooperative societies should continue to strive in ensuring that members’ needs are reasonably met. In doing this, the cooperatives should possibly adopt a scale of preference approach in tackling members need. Enemuo Nnanyelugo Chukwubikem | Nwankwo Frank "Effect of Cooperative Membership on Needs Satisfaction among Staff of Tertiary Institutions in Anambra State, Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-5 , August 2021, URL: https://www.ijtsrd.com/papers/ijtsrd43918.pdf Paper URL: https://www.ijtsrd.com/management/business-economics/43918/effect-of-cooperative-membership-on-needs-satisfaction-among-staff-of-tertiary-institutions-in-anambra-state-nigeria/enemuo-nnanyelugo-chukwubikem
Authors and Affiliations
Enemuo Nnanyelugo Chukwubikem | Nwankwo Frank
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