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New Generation Cooperatives (NGCs) differ from traditional cooperatives (TCs) in that NGCs focus on value-added products instead of raw commodities, which is usually one focus of TCs. A strategy that distinguishes NGCs from TCs is a restricted or closed membership, which stems from the market driven nature of NGCs. This market driven strategy often targets niche markets that desire specific value-added products.
Organization | Kansas State University Department of Agricultural Economics |
Publisher | Kansas State University |
Publication Date | May, 2000 |
Publication Views | 4520 |
Material Type | Written Material |